Sebi eases compliance norms for FPIs investing in g-secs

New Delhi: Markets regulator Sebi on Wednesday said foreign portfolio investors who put money only in govt securities under the fully accessible route will not be required to furnish investor group details. Such investors will also be exempted from certain disclosure and reporting requirements applicable to regular foreign portfolio investors (FPIs), the regulator said. The move is aimed at streamlining procedures and attracting more long-term overseas investments in debt market.