SEBI relaxes compliance requirements for FPIs

The Securities and Exchange Board of India vide its Notification dated 30th March 2020 has temporarily eased the processing of documents for Foreign Portfolio Investors (FPIs) till June 30, 2020. SEBI has decided to grant the relaxations in a situation where FPIs are not in a position to send original and/ or certified documents due to outbreak of Covid 19 pandemic.

FSSAI’s lays down SOP to issue licenses offline

FSSAI via notification dated 27th March 2020 has issued a Standard Operating Procedure(SOP) for issuance of offline licenses and registrations. The SOP has been issued after noticing several internet shutdowns which lead to non accessibility of the FSSAI site.