TMI BlogSecurities And Exchange Board Of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021.X X X X Extracts X X X X X X X X Extracts X X X X ..... SECOND AMENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/54.- In exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) , the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... p in the International Financial Services Centres and regulated by the International Financial Services Centres Authority; ii. such resident Indian, other than individuals, is a Sponsor or Manager of the applicant; and iii. the contribution of such resident Indian, other than individuals, shall be up to- a. 2.5% of the corpus of the applicant or US $ 7,50,000 (whichever is lower), in case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (2) 7th April, 2020 by the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2020 vide No SEBI/LAD-NRO/GN/2020/09. (3) 17th April, 2020 by the Securities and Exchange Board of India (Regulatory Sandbox) (Amendment) Regulations, 2020 vide No. SEBI/LAD-NRO/GN/2020/10. (4) 3rd August, 2021, by the Securities and Exchange Board of India (Regu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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