SEBI has issued a set of operational guidelines under Regulation 44 of the SEBI (Foreign Portfolio Investors) Regulations, 2019 to ensure efficient transition from SEBI (Foreign Portfolio Investors) Regulations, 2014 and to operationalise the new Regulations.
The existing Circulars, FAQs, operating guidelines, other guidance issued by SEBI from time to time is withdrawn with the issuance of the Operational Guidelines. The directions or other guidance issued by SEBI, as specifically applicable to FPIs, shall continue to remain in force. The guidelines deals with FPI registration related activities, KYC requirements, investment conditions, issue of offshore derivative instruments, and participation in International Financial Services Center(IFSC).
Click here to read the Guidelines
