In press release No.37/2018 dated September 5, 2018 it was, inter-alia, stated that the working group constituted under the Chairmanship of Shri H. R. Khan, Deputy Governor (Retired), Reserve Bank of India has held wide consultations with various stakeholders on the various issues raised in the representations made in relation to SEBI Circular No.CIR/IMD/FPIC/CIR/P/2018/64 dated April 10, 2018 on Know Your Client (KYC) Requirements for Foreign Portfolio Investors (FPIs) and is in the process of giving its recommendations.
The working group has now submitted its interim report to SEBI.
A copy of the report is placed on the website www.sebi.gov.in.
Comments from public are invited on the recommendations contained in the aforesaid report.
The comments may be submitted to kycforfpi@sebi.gov.in on or before 12:00 Noon on September 17, 2018.
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