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Sebi amends FPIs rule; directs registration fee payment in Indian rupee
Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application will now demand the date of birth from applicants, and depository participants must ensure that all fees are forwarded to Sebi within a five-day period.
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economictimes.indiatimes.com
Sebi amends FPIs rule; directs registration fee payment in Indian rupee
Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I…
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thehindubusinessline.com
SEBI replaces dollar-denominated registration fee to rupee for FPIs
SEBI has replaced dollar fees with rupee fees for FPIs, revising registration costs and simplifying the application process.
