Explain Foreign Portfolio Investor.
CS Executive · Capital Markets & Securities Laws · PYQS · June 2019
Explain Foreign Portfolio Investor.
Answer & Explanation:
'Foreign Portfolio Investor' means a person who satisfies the eligibility criteria and has been registered under the SEBI (Foreign Portfolio Investors) Regulations, 2014, which shall be deemed to be an intermediary. However, any foreign institutional investor or qualified foreign investor who holds a valid certificate of registration shall be deemed to be a foreign portfolio investor till the expiry of the block of three years for which fees have been paid as per the SEBI (Foreign Institutional Investors) Regulations, 1995.
Topics: Foreign Investments
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