Govt eases FPIs registration process, notifies common application form

The applicants seeking FPI registration need to fill the common form prescribed by the regulator, declaration providing supporting documents and applicable fees for registration and issuance of PAN

The finance ministry has notified a common application form for registration of foreign portfolio investors in a bid to enhance operational flexibility and ease of access to the Indian capital market.

Last week, markets regulator Securities and Exchange Board of India (Sebi) had come out with a common application form (CAF) for registration of FPIs, allotment of permanent account number (PAN) and carrying out of Know Your Customer (KYC) for opening of bank and demat accounts.

"The finance ministry has notified the revised common application form for foreign portfolio investors which would serve as a single-window platform for the purpose of registration