SEBI Deadline for FPI Beneficial Ownership Disclosure Sparks Market Sell-Off Amid Compliance Crackdown

Today marks the deadline for Foreign Portfolio Investors (FPIs) to disclose their beneficial owners under the Securities and Exchange Board of India’s (SEBI) enhanced disclosure norms. These rules, introduced in August 2023, aim to ensure greater transparency in identifying the ultimate beneficial owners of FPIs, particularly those with significant holdings in Indian equities. FPIs that … Continue reading SEBI Deadline for FPI Beneficial Ownership Disclosure Sparks Market Sell-Off Amid Compliance Crackdown