Indian capital market regulator Securities and Exchange Board of India (SEBI) has reduced the regulatory compliance for all foreign portfolio investors (FPIs) investing exclusively in government securities (G-Secs).
In a circular on 7 September, SEBI said: “FPIs investing only in Government Securities shall not be required to furnish investor group details,” thus reducing the regulatory compliance burden for FPIs who invest solely in G-Secs.
(This is a developing story. Please check back for fresh updates.)
