SEBI Circulars on KYC Requirements and Eligibility Criteria for Foreign Portfolio Investors

Pursuant to recommendations of the SEBI Working Group under the chairmanship of Shri H.R. Khan, SEBI issued two circulars on September 21, 2018, relating to guidance on the manner in which FPIs are required to identify and verify their respective beneficial owners and provide disclosures relating thereto, and dealing with eligibility criteria for participation in and management and control of FPIs by non-resident Indians, overseas citizens of India and resident Indians.

Published In:Inter Alia - Quarterly Edition - September 2018 [ English Chinese japanese ]
Date: September 1, 2018