SEBI Sets Up an FPI Outreach Cell to Engage With Foreign Investors and Provide Seamless Access to Indian Securities Market
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- By Chetan Kulasri
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- Last Updated on 27 September, 2024
Latest from Taxmann
Press Release No.23/2024, Dated 25.09.2024
The SEBI has established a dedicated Foreign Portfolio Investor Outreach Cell within the Alternative Investment Fund and Foreign Portfolio Investors Department (AFD). This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs), facilitating their seamless access to the Indian securities market. Foreign investors can reach out to the FPI Outreach Cell for assistance at fpioutreach@sebi.gov.in.
Key responsibilities of the FPI Outreach Cell will include:
- Providing guidance to prospective FPIs during the pre-application stage, including assistance with documentation and compliance processes.
- Offering of support during the onboarding phase, and resolving any operational challenges that may arise during the registration process or thereafter.
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