What is the procedure for registration of Foreign Institutional Investor (FII)?
Aplication for registration as an FII may be made in Form A. The format of Form A is provided in the SEBI(FII) Regulations, 1995 .The application form and all supporting documents must be submitted in duplicate, one set each for SEBI and Reserve Bank of India. Both sets of application are to be sent to SEBI only. If the applicant is eligible and all documents are submitted with the application, the eligibility is generally conveyed with 10 to 12 days of receipt of application by SEBI.
Application for registration as an FII may be made in Form A. The format of Form A is provided in the SEBI (FII) Regulations, 1995 .The application form and all supporting documents must be submitted in duplicate, one set each for SEBI and Reserve Bank of India. Both sets of application are to be sent to SEBI only. If the applicant is eligible and all documents are submitted with the application, the eligibility is generally conveyed with 10 to 12 days of receipt of application by SEBI. Application may be sent to: The Division Chief FII Division Securities and Exchange Board of India, 224, Mittal Court, B Wing, 1st Floor, Nariman Point, Mumbai 400 021. INDIA The registration procedure operates as a single window procedure through SEBI in which the following steps are involved. • SEBI forwards one set to Reserve Bank of India. • The application is processed by SEBI to determine its eligibility for grant of registration as foreign institutional investor. • After the initial processing is