SEBI Proposes to Relax Additional Disclosure Framework for Large ‘Foreign Portfolio Investors’
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- Last Updated on 1 August, 2024
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Consultation Paper; Dated: 30.07.2024
SEBI has released a Consultation Paper on a proposal to improve the ease of doing business w.r.t additional disclosure framework for large foreign portfolio investors (FPIs). Under the proposal, SEBI suggested a suitable risk-based threshold for identifying and categorising FPIs as land-bordering countries (LBC) or non-LBC entities. Also, this risk-based approach aligns with the ease of doing business perspective for FPIs to attract foreign capital towards fueling domestic capital formation.
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