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TMI BlogSimplified registration for Foreign Portfolio Investors (FPIs)X X X X Extracts X X X X X X X X Extracts X X X X ..... eign Portfolio Investors (FPIs) 1. SEBI s Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors dated May 30, 2024 inter-alia mandates every FPI applicant to submit a duly filled and signed Common Application Form (CAF) and Annexure to CAF supported by required documents for registration. 2. During discussions with market participants, i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or any scheme of insurance company is already registered as FPI. Further, there are certain fields that are exclusive to individual FPI applicants and hence not relevant for the applicants belonging to the aforesaid categories. 3. During SEBI s course of industry consultation, there has been a feedback that, in the above constructs, permitting the applicants to fill only those fields that are uniq ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s applicable. c) While using the available information, an explicit consent to use the same and a confirmation that all the details other than those mentioned in the abridged version of CAF remain unchanged, shall be obtained from the applicant. d) DDPs, upon receipt of information from the applicant, shall update the details in CAF against the application number of the applicant for future refere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulations 3(2) and 44 of SEBI (Foreign Portfolio Investors) Regulations, 2019 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. 9. This Circular is available at www.sebi.gov.in under the link Legal ---Circulars ..... X X X X Extracts X X X X X X X X Extracts X X X X
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