Answer-The Securities and Exchange Board of India (SEBI) announced that stricter disclosure norms for forei...

The Securities and Exchange Board of India SEBI announced that stricter disclosure norms for foreign portfolio investors FPIs will come into effect from November 1. Under these regulations, overseas funds that hold more than 50 per cent of their equity investments in a single Indian corporate group, or have more than Rs 25,000 crore of equity assets under management AUM in the Indian market, will have to provide detailed information about their beneficial owners. With this change, SEBI aims to obtain detailed information about all entities holding ownership, economic interest, or exercising control in the FPI, on a full look-through basis, up to the level of all natural persons. However, government-linked investors registered as FPIs, public retail funds, and certain exchange-traded funds have been exempted from the regulations. Furthermore, pooled investments registered with the government or with a regulated authority in their home country will also be exempted if their holding in Indian corporate is below 25 per cent of their global AUM on a scheme level.

Question

The Securities and Exchange Board of India (SEB

I announced that stricter disclosure norms for foreign portfolio investors (FPIs) will come into effect from November 1. Under these regulations, overseas funds that hold more than 50 per cent of their equity investments in a single Indian corporate group, or have more than ________of equity assets under management (AU
M in the Indian market, will have to provide detailed information about their beneficial owners.