SEBI, through its board meeting dated March 15, 2024, has approved a series of proposals to ease regulatory requirements and streamline business operations for Foreign Portfolio Investors (FPIs). The article seeks to highlight the key approvals made by SEBI, which include:

‣ Exempting Additional Disclosure Requirements for Specific FPIs

‣ Relaxation of Timelines for Disclosure of Material Changes by FPIs

‣ Facilitating Ease of Doing Business for Companies Coming for IPOs/fundraising

‣ Launching the Beta Version of Optional T+0 Settlement for a Limited Set of 25 Scrips

‣ Facilitating a Uniform Approach to Verification of Market Rumors by Equity-listed Entities etc.

These measures are expected to enhance efficiency and flexibility for FPIs, promoting smoother operations and simplifying regulatory requirements.