SEBI Proposes Automatic MII Investment Route

    Written byVIDUR
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    SEBI Proposes Automatic MII Investment Route

    The consultation paper proposes amendments to Regulations 38(2) of the SECC Regulations, 2018 and 7(c)(i) of the D&P Regulations, 2018 to introduce an automatic approval route for specified related activities and investments by eligible MIIs. The proposed route will be subject to financial limits, Governing Board approval, conflict-of-interest safeguards, fit-and-proper requirements, SOPs and periodic reporting to SEBI.