The Securities and Exchange Board of India (SEBI) has clarified that foreign portfolio investors (FPIs) from Mauritius will continue to be eligible for registration as foreign investors in India but subject to increased monitoring.
About:
The regulatory clarification was necessitated after Mauritius was placed in the list of ‘jurisdictions under increased monitoring’, commonly referred to as the ‘Grey List’.
This led to apprehensions that the Mauritius-based FPIs will not be able to trade in the Indian capital market.
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