INSUBCONTINENT EXCLUSIVE:
Securities and Exchange Board of India (Sebi) has provided exemptions for off-shore funds from submitting physical forms in wake of the
Corona outbreak, said people privy to the development
FPIs will now be able to submit scanned or electronic documents for various purposes including renewal of their license and annual
collect and send physical documents
of a big four tax firm.
Sebi has not provided any relaxation when it comes to new fund registrations
broker.
Last month Sebi had notified a new application for FPIs that is set to become mandatory.
The development will ease to concerns of
nearly 300 foreign funds whose license is coming up for renewal in the next one month
