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Sebi eases FPI onboarding with digital power of attorney

Mumbai: The capital-markets regulator Thursday allowed foreign portfolio investors (FPIs) to execute power of attorney documents using digital signatures in a move aimed at cutting delays and simplifying the onboarding process for overseas investors.The latitude offered by the Securities and Exchange Board of India (Sebi) with the power of attorney (PoA) documents is expected to significantly reduce the time taken to onboard FPIs by eliminating the need for notarisation, apostillisation or cons…

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Economic TimesLean R·1h ago
Sebi eases FPI onboarding with digital power of attorney
Mumbai: The capital-markets regulator Thursday allowed foreign portfolio investors (FPIs) to execute power of attorney documents using digital signatures in a move aimed at cutting delays and simplifying the onboarding process for overseas investors.The latitude offered by the Securities and Exchange Board of India (Sebi) with the power of attorney (PoA) documents is expected to significantly reduce the time taken to onboard FPIs by eliminating the need for notarisation, apostillisation or cons…
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Sebi eases FPI onboarding with digital power of attorney

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Sebi eases FPI onboarding with digital power of attorney

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