Acceptance of digitally signed Power of Attorney from FPIs

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....Issue and Share Transfer Agents 4. All Depositories 5. All recognized Stock Exchanges and Clearing Corporations 6. All Intermediaries registered with SEBI under Section 12 of the Securities and Exchange Board of India Act, 1992 Dear Sir / Madam, Subject : Acceptance of digitally signed Power of Attorney from FPIs 1. SEBI vide "Master Circular for Foreign Portfolio Investors, Desi....

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.... part of SEBI's continued efforts to digitalise the FPI onboarding process, it has now been decided to permit accepting a Power of Attorney digitally signed by FPIs in accordance with the provisions of Information Technology Act, 2000. This eliminates the need for notarisation, apostillisation or consularisation of Power of Attorney, thereby reducing the overall time taken for FPI onboarding and i....