SEBI plans to ease disclosure rules for high-risk offshore funds
The Securities and Exchange Board of India (SEBI) plans to relax disclosure rules for high-risk offshore funds to attract long-term foreign capital amid significant outflows from foreign portfolio investors. Proposed changes include extending the time for funds to disclose investor details and raising the threshold for reporting, addressing complaints stemming from regulations introduced during scrutiny of Adani. SEBI will review these proposals internally before seeking public feedback, as legal challenges from some offshore funds continue.