The SEBI has amended the norms for eligibility criteria of foreign portfolio investor. The amendment has been made in regulation 4 which provides eligible criteria for registration of FPIs. Now AIFs set up in the IFSCs shall be permitted as eligible applicant for registration of FPIs in India.The SEBI has amended the norms for eligibility criteria of foreign portfolio investor. The amendment has been made in regulation 4 which provides eligible criteria for registration of FPIs. Now AIFs set up in the IFSCs shall be permitted as eligible applicant for registration of FPIs in India.taxmann.com Latest Statutory HappeningsRead More
