FPIs: Now, relief from full disclosure won’t be easy for pooled FPIs

FPIs: Now, relief from full disclosure won’t be easy for pooled FPIs

Mumbai: The Indian capital markets regulator has hardened the conditions under which foreign portfolio investors (FPIs) with outsized exposures would be spared from making full disclosure of the investors in the fund. This was communicated by the Securities & Exchange Board of India (Sebi) to custodians of offshore funds, two persons aware of the regulatory … Read more