Sebi Meeting Outcome: FPI Disclosure Limit Doubled, IAs & RAs Allowed To Charge Advance Fee For 1 Year, Panel On Conflict Of Interest – News18
Last Updated:
Sebi Board Meeting Outcome Today: Markets regulator doubles FPI disclosure threshold to Rs 50,000 crore, sets up panel on conflict of interest, and allows IAs & RAs to charge 1-year advance fees (up from two quarters).
Newly appointed Sebi Chairman Tuhin Kanta Pandey addressed reporters in Mumbai after the Sebi board meeting on Monday.
Sebi Board Meeting Outcome Today: The Securities and Exchange Board of India (Sebi) on Monday decided to double the investment threshold for granular disclosures by foreign portfolio investors (FPIs) to Rs 50,000 crore, set up a high-level committee to review conflict of interest by its members, and allowed investment advisers & research analysts to charge advance fees for up to 1 year against two quarters currently.
The decisions were taken markets regulator Sebi’s board meeting conducted on Monday. Following the meeting, newly appointed Sebi Chairperson Tuhin Kanta Pandey addressed press conference in Mumbai, briefing reporters about the decisions.
(The story will be updated)
