SignalIndia
Working with RBI to make process of bringing foreign investors into Indian markets faster and easier: SEBI chief
SEBI chief cites coordination with RBI to speed foreign investor market entry.
Context
What happened: SEBI Chairman Tuhin Kanta Pandey said SEBI is working with the RBI to make the process of bringing foreign investors into Indian markets faster and smoother, and will review FPI compliance requirements and issue a consultation paper.
Key numbers: Direct mutual fund plans become the default option on asset management companies' digital platforms
Why it matters: Pandey said some compliance requirements in India remain more onerous than in other major jurisdictions, and SEBI will seek views on aligning them with global standards while preserving investor protection safeguards.
What changed
SEBI Chairman Tuhin Kanta Pandey said SEBI is working with the RBI to make the process of bringing foreign investors into Indian markets faster and smoother, and will review FPI compliance requirements and issue a consultation paper.
Why it matters
Pandey said some compliance requirements in India remain more onerous than in other major jurisdictions, and SEBI will seek views on aligning them with global standards while preserving investor protection safeguards.