On 28 June 2023, IND SEBI approved the amendment to SEBI (foreign portfolio investors) regulations, 2019, for implementation of proposal on additional disclosures.
- In March 2023, PML rules threshold requirements for identification of BO were amended and currently stand at 10% for companies and trusts and 15% for partnerships and unincorporated association or body of individuals.
- The board has approved changes to the FPI regulations for aligning the aforesaid eligibility criteria in regulations with the reduced threshold prescribed under PML rules.