On September 25, 2024, the Securities and Exchange Board of India (SEBI) announced the establishment of a Foreign Portfolio Investor (FPI) Outreach Cell under its Alternative Investment Fund and Foreign Portfolio Investors Department. This initiative aims to enhance direct engagement with Foreign Portfolio Investors by providing tailored support to facilitate their entry into the Indian securities market. The FPI Outreach Cell will assist prospective FPIs with guidance on documentation and compliance during the pre-application stage and offer help during the onboarding process to address any operational challenges. Foreign investors can contact the outreach cell via email for further assistance.
Securities and Exchange Board of India
PR No. 23/2024
SEBI Establishes Foreign Portfolio Investor (FPI) Outreach Cell
The Securities and Exchange Board of India (SEBI) has launched a dedicated Foreign Portfolio Investor Outreach Cell as part of the Alternative Investment Fund and Foreign Portfolio Investors Department (AFD).
This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs), and supporting them in accessing the Indian securities market seamlessly.
Key responsibilities of the FPI Outreach Cell will include:
– Providing guidance to prospective FPIs during the pre-application stage, including assistance with documentation and compliance processes.
– Offering support during the onboarding phase, and resolving any operational challenges that may arise during the registration process or thereafter.
Foreign investors can reach out to the FPI Outreach Cell for assistance at: [[email protected]] (mailto:[email protected]).
Mumbai
September 25, 2024
