Sebi issues guidelines to relax timelines for FPIs to make material event disclosures.

Banking & Finance

The market regulator has amended the Master Circular for Foreign Portfolio Investors (FPIs) to relax timelines for disclosure of material changes and events. Type 1 material changes needs to be now informed within seven days and supported documents to be provided within 30 days. Any other changes, which are classified as Type II changes, will need to be informed within 30 days with supporting documents if any.


      The regulator alerted changes to the Master Circular issued to the FPIs.

      Type I material changes will need to be informed within 7 days with supporting documents provided within 30 days..

     

 

     


About SEBI

Chairperson - Smt. Madhabi Puri Buch
HQ - Mumbai
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