Easing additional disclosure norms for FPIs on cards
Business Standard|July 31, 2024
The Securities and Exchange Board of India (Sebi) is mulling changes in regulations for foreign portfolio investors (FPIs) belonging to landbordering countries (LBCs).
KHUSHBOO TIWARI

The market regulator has proposed to link the disclosure requirements to a minimum threshold to identify whether the FPI is from LBC or not.

The identification as LBC is crucial to monitor inflows from bordering countries like China. The changes come amid fears of certain FPIs exploiting the regulatory arbitrage between FPI and foreign direct investment (FDI) norms.

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