Sebi puts on hold exemption pleas of some FPIs
Thu, Feb 1, 2024 9:16 AM

Sebi puts on hold exemption pleas of some FPIs

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SEBI has put on hold the applications of some foreign portfolio investors for exemption from disclosing details about their investments. This decision comes after concerns were raised about the effectiveness of the current disclosure rules, which require FPIs to reveal the ultimate ownership of their investments in India.

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