ISO Certified Premium Startup Consultancy Company
ISO Certified Premium Startup Consultancy Company
Overview
Securities and Exchange Board of India through Gazette dated 07th April, 2020 allotted and has make available Securities and Exchange Board of India Foreign Portfolio Investors (Amendment) Regulations, 2020 to further alter or modify the SEBI (Foreign Portfolio Investors) Regulations, 2019.
Applicability: Date of their publication in the Official Gazette i.e., April 07th, 2020
Link or website through Google for Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 is easily available for SEBI government website.
Changes via this amendment
In regulation 5, in clause (a), in sub-clause (iv), after the words member countries the words, or from any country specified by the Central Government by an order or by way of an agreement or treaty with other sovereign Governments, shall be introduced.
Conclusion
Now, this judgement of SEBI (FPI) amendment is taken in view of lockdown across the country to fight COVID 19 which has been declared pandemic and therefore insertion of words in terms of including any country specified by central government in any of the mode gave a relief to connected people or foreign investors.
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09 Apr
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