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Transparency Push: Stricter norms for...

New Delhi : In a transparency...

Transparency Push: Stricter norms for FPIs with high India AUM

New Delhi : In a transparency push, Sebi on Thursday mandated additional disclosures from foreign portfolio investors that have concentrated holding in a single company or a group firm. Such FPIs will be required to identify all entities with any ownership, economic interest and control rights. The framework will come into effect from November 1, Sebi said in a circular.Market players believe that the move has its genesis in the Adani issue where Sebi could not identify the beneficial owners of some foreign investments. FPIs holding more than...

Karl Jörg - August 25, 2023

Business Profiles

Transparency Push: Stricter...

New Delhi : In a transparency push, Sebi on Thursday mandated additional disclosures from foreign portfolio investors that have concentrated holding in a...

Karl Jörg - August 25, 2023

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