Dear Members,

The Committee on Financial Markets and Investors' Protection (CFMIP) of ICAI, actively seeks the valuable perspectives of its diverse members regarding the Consultation Paper released by the Securities and Exchange Board of India (SEBI) on “CONSULTATION PAPER ON FACILITATING INVESTMENTS BY INDIAN MUTUAL FUNDS IN SUCH OVERSEAS FUNDS THAT INVEST CERTAIN PORTION OF THEIR ASSETS IN INDIAN SECURITIES”

This inclusive invitation specifically addresses proposals outlined in the consultation paper. Recognizing the significance of engaging the expertise and insights of its members, the ICAI encourages a thorough and comprehensive evaluation of the proposed amendments. This collaborative approach aims to ensure that the regulatory framework effectively addresses concerns and aligns with the best interests of the financial markets, fostering transparency and integrity in the realm of securities regulation.

Members are encouraged to share their informed opinions before June 05, 2024 and contribute to the regulations that uphold the principles of fair and orderly market conduct.

Link for sharing your inputs:
https://forms.office.com/Pages/ResponsePage.aspx?id=DOHFOzhjoU6NJ-O1tggEOvsBuaVhQwtAvMIF3JQgTg5UNDczNUhFVjJSVE1KQTdBRjJNUkpVNVNPNy4u

Link of SEBI consultation paper:
SEBI | Consultation paper on facilitating investments by Indian Mutual Funds in such overseas funds that invest certain portion of their assets in Indian securities Click here to provide your comments

Best Regards
CFMIP Committee