SEBI is working on a dedicated online portal for Foreign Portfolio Investors (FPIs) to make their registration and investment process easier. It is also in talks with stock exchanges and depositories to help set up and run this new system smoothly.
The portal will guide FPIs on which laws apply to them and how to stay compliant. It won’t just cover SEBI and RBI rules—it will also include FEMA, PMLA, and other important regulations. Since PAN generation is part of the process, the Income Tax Department will also be involved.
The Securities and Exchange Board of India (SEBI) is planning to launch a dedicated portal for Foreign Portfolio Investors (FPIs). According to sources, this portal will serve as a one-stop platform to help FPIs understand all the rules and compliance requirements that apply to them.
The portal will also help FPIs understand how to get started and the timelines they need to follow for regulatory steps. Right now, FPIs must first choose their registration category and then apply through a designated depository participant (DDP) by filling out a common application form (CAF).
A person closely involved in developing the portal said, “The idea is to create a single platform where FPIs can find all the information they need in one place, so they don’t have to search elsewhere.”
A second person familiar with the project said, “SEBI wants to launch this portal as soon as possible. Major players like BSE, NSE, and depositories such as CDSL and NSDL are also involved in developing and launching the FPI portal.”
According to sources, SEBI plans to consult all key stakeholders before finalizing the details of the portal. It has already started reaching out to some of them to gather their feedback and suggestions.
Sources say that the main focus of this new initiative is to improve Ease of Doing Business. That’s why SEBI is taking several steps based on the feedback it has received from stakeholders.
The launch of this portal is one such step toward improving the investment process. However, when SEBI was contacted earlier for comments about the proposed portal, there was no official response.
Sources: Moneycontrol
