Business · India Bureau
Sebi to unveil closing auction guidelines within week, easing overseas investor access
India's securities regulator is preparing to release new closing auction guidelines while simultaneously streamlining digital onboarding procedures for foreign investors, eliminating the need for physical presence to access Indian markets.
LSN India ·
The Securities and Exchange Board of India (Sebi) plans to issue guidelines governing closing auctions within the next seven days, according to regulatory officials. The move comes as part of broader efforts to enhance market infrastructure and investor accessibility in India's capital markets.
In parallel, Sebi is undertaking a comprehensive review of digital onboarding processes for persons resident outside India (PROIs). The regulator aims to simplify procedures that currently require international investors to be physically present in the country to open accounts and participate in Indian markets.
These initiatives reflect Sebi's commitment to modernizing market operations and attracting foreign capital participation. By removing geographical barriers and streamlining technical requirements, the regulator expects to facilitate smoother entry for overseas investors into Indian equities and derivatives markets.
The closing auction guidelines are expected to clarify procedures and timelines for end-of-day trading mechanisms, while the streamlined onboarding framework will leverage digital verification tools to authenticate foreign investors remotely. Market participants have long flagged inefficiencies in existing processes that have deterred international participation.
The regulatory changes underscore India's broader push to position its capital markets as increasingly competitive and accessible on the global stage, particularly as emerging market investment flows remain volatile.