Sebi to simplify registration for FPIs looking to invest in govt securities
Live MintMumbai: India's capital markets regulator is set to ease the registration of foreign portfolio investors if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore. "There will be zero requirements for a lot of things including investor group all that data will not be sought if the government of India only bond.” Investment threshold Meanwhile, in a consultation paper released on Friday, Sebi said the proposal to enhance the investment threshold for granular details is on account of the rise in daily market volumes. Under Sebi's August circular, certain FPIs with large Indian equity AUM were already mandated to disclose granular details of all entities holding ownership, economic interest, or control in an FPI. Specifically, FPIs were required to disclose this information if they met one of two criteria: Holding more than 50% of their Indian equity AUM in a single Indian corporate group, a provision designed to prevent the circumvention of MPS and Sebi’s Substantial Acquisition of Shares and Takeover Regulations.