SEBI modifies guidelines for FPIs, Designated Depository Participants, and ‘Eligible Foreign Investors’

SEBI vide SEBI Circular No. IMD/FPIamp;C/CIR/P/2019/124 dated 05-11-2019 issued operational guidelines for FPI, DDP, and FI whereby the designated depository participant is required to grant certificate of registration, bearing the registration number generated by NSDL in a centralised manner. SEBI has decided to modify the operational guidelines. Now, the designated depository participant is required to grant the certificate of registration, bearing the registration number generated by SEBI.SEBI vide SEBI Circular No. IMD/FPIamp;C/CIR/P/2019/124 dated 05-11-2019 issued operational guidelines for FPI, DDP, and FI whereby the designated depository participant is required to grant certificate of registration, bearing the registration number generated by NSDL in a centralised manner. SEBI has decided to modify the operational guidelines. Now, the designated depository participant is required to grant the certificate of registration, bearing the registration number generated by SEBI.taxmann.com Latest Statutory HappeningsRead More

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