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SEBI amends guidelines for foreign investors looking to operate at IFSC
PrintMarkets regulator sebi has amended the guidelines for eligible foreign investors looking to operate at the International Financial Services Centre, IFSC.
According to the new guidelines, a trading member of a stock exchange in the IFSC can now carry out the due diligence for an eligible foreign investor, EFI, who is not registered with the regulator as a Foreign Portfolio Investor, FPI.
The provision has been made for the account opening process of an EFI. Sebi said the guidelines have been amended after discussions with various market participants. #casansaar (Source - NewsonAir)
According to the new guidelines, a trading member of a stock exchange in the IFSC can now carry out the due diligence for an eligible foreign investor, EFI, who is not registered with the regulator as a Foreign Portfolio Investor, FPI.
The provision has been made for the account opening process of an EFI. Sebi said the guidelines have been amended after discussions with various market participants. #casansaar (Source - NewsonAir)
Category : SEBI | Comments : 0 | Hits : 252
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