SEBI Board Approves INR Payment of FPI and FVCI Registration Fees and Recording of Date of Birth/Incorporation on FPI Certificates

Key facts

• The Securities and Exchange Board of India (SEBI) Board approved the proposal for payment of FPI and FVCI registration and related fees in Indian Rupees (INR).
• The SEBI Board also approved the proposal for capturing the date of Birth/Incorporation of Foreign Portfolio Investors (FPI) in the FPI Registration Certificate.