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APPOINTMENT OF COMPLIANCE OFFICER

APPOINTMENT OF COMPLIANCE OFFICER :

Every foreign portfolio investor and DDPs shall appoint a compliance officer who shall be responsible for monitoring the compliance of the Act, rules and regulations, notifications, guidelines and instructions issued by the designated depository participant (in case of FPIs) or SEBI or the Central Government. The compliance officer shall immediately and independently report to SEBI and the designated depository participant regarding any noncompliance observed by him.

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