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CCI Business Bulletin 31/12/2016 – 06/01/2017
Saturday Jan 7, 2017

SEBI eases foreign portfolio investment rules for trading on International Financial Services Centre

Foreign investors already registered with Indian regulators to trade on Indian bourses will not require any fresh registration for operating through the Gujarat-based International Financial Services Centre (IFSC). All the brokers serving Foreign Portfolio Investments (FPIs) through IFSC are now allowed to use SEBI and RBI registrations for trading on IFSC. The centre has been set up within Gujarat International Finance Tec-City (GIFT City).

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