Khan Committee On Foreign Portfolio Investment (FPI)
- The Khan Committee on FPI was formed by SEBI to suggest measures for revitalizing and streamlining FPIs.
- It has recommended changes in the guidelines related to the identification of the senior managing officials of FPIs and for Beneficial Owners (BOs) of listed entities; as well as in the disclosure of personal information of BOs.
- Non Resident Indians (NRIs), Persons of Indian Origin (PIOs), Overseas Citizens of India (OCIs) and Resident Indians (RIs) should be allowed to hold a non-controlling stake and there should be no restrictions on them to manage non-investing FPIs.
- The time to comply with the norms should also ....
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