P-Notes Flashcards by Nikhil M

What are P-Notes ?

Participatory Notes

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Where are they used ?

It is used by overseas market participants that dont want to get registered as FII’s

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Are P-notes issued in India ?

NO , these are issued by FPI’s to overseas investors

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Who does FII’s have to periodically report regarding P-notes ?

To SEBI on P-note issuance without the need to name the the financial benificiary

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P-Notes Flashcards