Sebi unveils DSC provision for FPIs

New Delhi: Markets regulator Sebi announced a major step towards fully digitising the foreign portfolio investor (FPI) onboarding process by enabling seamless Digital Signature Certificate functionality on its Common Application Form (CAF) portal.

In a statement, Sebi said a new Digital Signature Certificate (DSC) feature, developed in collaboration with Indian DSC issuers, has now been integrated into the CAF system, allowing FPI registration and DSC application to be completed through a single, unified workflow.

This is expected to significantly simplify and speed up the onboarding of overseas investors.