Cayman Islands' grey list tag may hurt FPI investments into India

FPIs from the region will face stricter KYC, may have to furnish updated ultimate beneficial ownership info for all investors holding over 10% in the fund as opposed to 25% now

Ashley Coutinho Mumbai
investors, investment, funds, FPI, FDI

The Cayman Islands, one of India’s richest routes for foreign investments, has been put on the grey list of countries/regions for increased monitoring by the Financial Action Task Force (FATF), an int

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Topics : FATF | FPIs

First Published: Mar 01 2021 | 7:52 PM IST

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