Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey

Securities and Exchange Board of India Chairman Tuhin Kanta Pandey has said the regulator will release a consultation paper on compliance related to FIIs within weeks.

Regulatory proposal expected soon

The planned paper will set out Sebi's consultation on FII compliance. The statement indicates that the regulator is preparing to place the issue before stakeholders in the near term.

Why the announcement matters

The consultation paper will provide the next formal step in Sebi's consideration of FII compliance requirements. Further details on the proposed measures were not provided.

Any assessment of the paper's potential impact will depend on its contents and the consultation process that follows.