SEBI designates ICICI bank for foreign inward remittance of various payments
- Blog|News|Company Law|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 23 June, 2022
Latest from Taxmann
Circular No: SEBI/HO/IMD/FPI&C/CIR/P/2022/84, Dated 21.06.2022
The SEBI has modified the operational guidelines for Foreign Portfolio Investors (FPIs), Designated Depository Participants (DDPs) and Eligible Foreign Investors w.r.t bank account details. Now, the SEBI has specified ICICI bank account details for foreign inward remittance of various payments of SEBI fees in the USD.
Earlier, the Bank of India was specified for making remittances of various payments. The Circular shall be effective w.e.f June 24, 2022.
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
