Sebi relaxes compliance rules for foreign investors in G-Secs

The Securities and Exchange Board of India has eased compliance regulations for Foreign Portfolio Investors (FPIs) investing exclusively in government securities. Under the new rules, such FPIs are no longer required to disclose their investor group details.

The move follows a recent circular from the Reserve Bank of India that abolished concentration limit requirements for these investments. The amended regulations are effective immediately and aim to streamline the investment process for foreign investors in India's government securities market.