SEBI issues write-off of debt securities held

Nov 09, 2021 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The Securities and Exchange Board of India(SEBI) on November 8, 2021 has issued Write-off of debt securities held by FPIs who intend to surrender their registration.

Therefore, it has been decided to permit the FPIs to also write-off all debt securities in their beneficiary account which they are unable to sell for any reason. This shall be applicable only to such FPIs who wish to surrender their registration.

[Notification No- SEBI/ HO/ FPI&C/ P/ CIR/ 2021/ 656]

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