The Securities and Exchange Board of India (SEBI) on September 25, 2024, launched a dedicated Foreign Portfolio Investor Outreach Cell as part of the Alternative Investment Fund and Foreign Portfolio Investors Department (AFD).
This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs), and supporting them in accessing the Indian securities market seamlessly.
Key responsibilities of the FPI Outreach Cell will include:-
• Guiding prospective FPIs during the pre-application stage, including assistance with documentation and compliance processes.
• Offering support during the onboarding phase, and resolving any operational challenges that may arise during the registration process or thereafter.
[Press Release No. 23/2024]