The cell functions under SEBI’s Alternative Investment Fund and Foreign Portfolio Investors Department (AFD).
Its main responsibilities include assisting prospective FPIs by offering assistance in documentation and compliance processes during the pre-application stage.
The cell will also provide support during the onboarding phase and address any operational challenges that may arise during or after the registration process.
“These FPI cells are designed to provide targeted support and streamline operations for foreign investors, making it easier for them to navigate the Indian financial markets. A simplified registration process reduces barriers to entry, encouraging faster and more efficient onboarding of FPIs”, Ketan Mukhija, senior partner at Bergen Law, said.
Collectively, these measures reflect SEBI’s commitment to attract more foreign capital, strengthen market integrity and position India as a more attractive destination for global investors, he added.
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