FPI may approach its depository participants for approval of a one-time ‘off-market’ transfer: SEBI

To further facilitate ‘relocation’ foreign funds to International Financial Services Centre , the SEBI has decided that a FPI may approach its DDP for approval of a one-time ‘off-market’ transfer of its securities to the ‘resultant fund’.To further facilitate ‘relocation’ foreign funds to International Financial Services Centre , the SEBI has decided that a FPI may approach its DDP for approval of a one-time ‘off-market’ transfer of its securities to the ‘resultant fund’.taxmann.com Latest Statutory HappeningsRead More

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