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    <title>Temporary relaxation in processing of documents pertaining to FPIs due to COVID-19</title>
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    <description>Temporary processing relaxations for Foreign Portfolio Investors are extended for entities located in jurisdictions still under COVID 19 lockdown until such lockdowns are lifted; in transit applications will be processed per the March 30 circular, while entities in jurisdictions where lockdowns have been lifted are not eligible for the relief. All other terms of the March 30 circular remain in force, and Designated Depository Participants and custodians are instructed to inform their FPI clients. The extension is issued under the regulator&#039;s statutory powers and anti money laundering record rules.</description>
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      <description>Temporary processing relaxations for Foreign Portfolio Investors are extended for entities located in jurisdictions still under COVID 19 lockdown until such lockdowns are lifted; in transit applications will be processed per the March 30 circular, while entities in jurisdictions where lockdowns have been lifted are not eligible for the relief. All other terms of the March 30 circular remain in force, and Designated Depository Participants and custodians are instructed to inform their FPI clients. The extension is issued under the regulator&#039;s statutory powers and anti money laundering record rules.</description>
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