What are Sebi's UBO norms for FPIs?
Fri, Sep 6, 2024 6:21 PM

What are Sebi's UBO norms for FPIs?

A Flip by Shubhangi Gupta
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The deadline for Foreign Portfolio Investors (FPIs) to comply with Ultimate Beneficial Ownership (UBO) norms ends on Monday, September 9, failing which fund operators can lose their FPI licence. UBO regulations mandate FPIs to comply with the enhanced disclosure norms regarding ownership, economic interest and control.

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