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Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi chairman announces FII compliance consultation paper within weeks, signaling regulatory action.
Context
What happened: Sebi chairman Tuhin Kanta Pandey said the regulator is likely to release a consultation paper on foreign investor compliance requirements within weeks. The paper will explore aligning Indian norms with global standards.
Why it matters: The proposal comes amid heavy FII outflows. Sebi is also planning a capacity-building network to strengthen independent directors' effectiveness.
What changed
Sebi chairman Tuhin Kanta Pandey said the regulator is likely to release a consultation paper on foreign investor compliance requirements within weeks. The paper will explore aligning Indian norms with global standards.
Why it matters
The proposal comes amid heavy FII outflows. Sebi is also planning a capacity-building network to strengthen independent directors' effectiveness.