Regulation 29 - Maintenance of proper books of accounts, records and documents - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019

Maintenance of proper books of accounts, records and documents. 29. Every foreign portfolio investor shall maintain the following books of accounts, records and documents, namely (a) true and fair accounts relating to remittances of funds to India for buying and selling; and realising capital gains or losses on investment made from such remittances; (b) bank statement of accounts; (c) contract notes relating to purchase and sale of securities; and (d) communication including in electronic mode from and to the designated depository participants, stock brokers and depository participants regarding investments in securities.