NRIs Cannot Hold Beneficial Interest In Foreign Portfolio Investors - New SEBI KYC Requirements

Authors :: Jhingan, Seema
Source :: Mondaq Business Briefing. June 13, 2018
Publication Year :: 2018
Abstract: The Securities and Exchange Board of India's ('SEBI') recent circular dated April 10, 2018 (Ref No. CIR/IMD/FPIC/CIR/P/2018/64) ('2018 Circular') has shaken up the investment industry due to its wide ranging [...]

Subjects :: India. Securities and Exchange Board of India -- Powers and duties
Money laundering -- Laws, regulations and rules
Foreign investments -- Laws, regulations and rules
Government regulation
Business, international

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