Buy custom FIIs - Regulations and Impact on India
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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1491 |
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PNs are market instruments that are created and traded overseas. Hence, the Government of India cannot ban or control the issue of PNs; they can only regulate them. Participatory Notes, somewhere down the line, hide in themselves the functions and properties of Hedge Funds. Although SEBI, as a regulator had issued KYC (Know Your Client) guidelines, which
include that, FIIs must know all the requisites details about their client and should be able to furnish the details of the same, as and when demanded or asked by the regulator, to which there should be strict compliance...
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Participatory Notes, somewhere down the line, hide in themselves the functions and properties of Hedge Funds. Although SEBI, as a regulator had issued KYC (Know Your Client) guidelines, which
include that, FIIs must know all the requisites details about their client and should be able to furnish the details of the same, as and when demanded or asked by the regulator, to which there should be strict compliance...
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