Oct 18, 01:11 PM

India to Implement SEBI Reforms and UAE BIT to Attract Foreign Investments

India is considering several regulatory changes to attract foreign investments. The Securities and Exchange Board of India (SEBI) has introduced a new system to expedite Foreign Portfolio Investors (FPI) sale proceeds, addressing previous delays due to tax clearance processes and enhancing efficiency in compliance with T+1 settlement regulations. Additionally, SEBI is contemplating easing KYC rules for funds investing in government securities. In a related move, India is looking to relax rules on beneficial ownership for credible foreign investors, such as sovereign wealth and pension funds. Furthermore, India's Bilateral Investment Treaty (BIT) with the UAE reduces the local remedy period from 5 to 3 years and includes shares and bonds as protected investments. These measures aim to enhance efficiency and compliance with regulations, thereby boosting investor confidence.

#India #SEBI #Foreign Portfolio Investors #Bilateral Investment Treaty #BIT #UAE

Written with ChatGPT (GPT-4o).

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India to Implement SEBI Reforms and UAE BIT to Attract Foreign Investments

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