https://www.taxtmi.com/acts?id=36289 Regulation 6 requires SEBI to consider matters relevant to granting an FII certificate, notably the applicant's track record, competence, financial soundness, regulation by foreign authorities, prior foreign exchange permission, and eligibility as specified categories (pension funds, mutual funds, insurers, sovereign wealth funds, asset managers acting for broad based funds, trustees, and university or charitable funds). The Board must also assess public interest, the interest of securities market development, and whether the applicant is a fit and proper person. "Broad based fund" is defined by investor diversity and concentration limits with specified exceptions. en-us Wed, 06 Mar 2019 10:53:55 +0530 Mon, 09 Dec 2019 14:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36289 Regulation 6 requires SEBI to consider matters relevant to granting an FII certificate, notably the applicant's track record, competence, financial soundness, regulation by foreign authorities, prior foreign exchange permission, and eligibility as specified categories (pension funds, mutual funds, insurers, sovereign wealth funds, asset managers acting for broad based funds, trustees, and university or charitable funds). The Board must also assess public interest, the interest of securities market development, and whether the applicant is a fit and proper person. "Broad based fund" is defined by investor diversity and concentration limits with specified exceptions. Act-Rules SEBI Wed, 06 Mar 2019 10:53:55 +0530 https://www.taxtmi.com/acts?id=36289