Pandey to Meet Leading FPIs in US Next Week

The Sebi chief told Business Standard he will be in the United States next week, where he will meet top foreign portfolio investors (FPIs) and understand the barriers and challenges they face while investing in India.

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Several facilitation measures have already been taken to ease FPIs' entry into the market and their registration timelines have been slashed to a month, he pointed out.

In its deregulation drive, each of the market regulator's departments are holding consultations with regulated entities like mutual funds, brokers and other market participants, to remove unnecessary compliances and lower the cost of doing business. However, this won't be "change for the sake of change", Pandey emphasised.