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Sebi Proposes Relaxing Disclosure Rules for Certain Foreign Portfolio Investors
| Feb. 28, 2024, 10:57 a.m.
Sebi Proposes Relaxing Disclosure Rules for Certain Foreign Portfolio Investors
Sebi proposes relaxing disclosure rules for certain categories of Foreign Portfolio Investors (FPIs) to boost ease of doing business. The proposal includes exemptions for university funds and endowments meeting specific criteria and funds with concentrated holdings in companies without an identified promoter. Sebi aims to prevent misuse and ensure eligibility based on well-defined criteria. The regulator invites public comments until March 8 on these proposals.
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