The Securities and Exchange Board of India (Sebi) may ease access norms for investment by foreign portfolio investors (FPIs) and bringing a new framework to strengthen the governance structure for mutual funds, senior officials said Tuesday.
Sebi also plans to review the framework for credit rating agencies as it seeks to check the menace of “rating shopping” and “pick-and-choose” approach in their actions. Furthermore, the regulator is looking at providing an additional method for listed entities to achieve the minimum public shareholding requirement.
