Qualified Foreign Investor definition

Qualified Foreign Investor means a person who has opened a dematerialized account with a qualified depository participant as a qualified foreign investor;
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Qualified Foreign Investor or “QFI” QFI shall mean a person who fulfills the following criteria:i. Resident in a country that is a member of Financial Action Task Force (FATF) or a member of a group which is a member of FATF; andii. Resident in a country that is a signatory to IOSCO‘s MMOU (Appendix A Signatories) or a signatory of a bilateral MOU with SEBI:
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Qualified Foreign Investor or “QFI” QFI shall mean a person who fulfills the following criteria:(i) Resident in a country that is a member of Financial Action Task Force (FATF) or a member of a group which is a member of FATF; and(ii) Resident in a country that is a signatory to IOSCO’s MMOU (Appendix A Signatories) or a signatory of a bilateral MOU with SEBI:Provided that the person is not resident in a country listed in the public statements issued by FATF from time to time on: (i) jurisdictions having a strategic Anti-Money Laundering/ Combating the Financing of Terrorism (AML/CFT) deficiencies to which counter measures apply, (ii) jurisdictions that have not made sufficient progress in addressing the deficiencies or have not committed to an action plan developed with the FATF to address the deficiencies:Provided further such person is not resident in India.Provided further that such person is not registered with SEBI as Foreign Institutional Investor or Sub-account or Foreign Venture Capital Investor.Explanation: For the purposes of this definition: (1) The term "Person" shall carry the same meaning under Foreign Exchange Management Act (FEMA), 1999 and section 2(31) of the Income Tax Act, 1961; (2) The phrase “resident in India” shall carry the same meaning as in the FEMA 1999, and Income Tax Act, 1961; (3) “Resident" in a country, other than India, shall mean resident as per the direct tax laws of that country. (4) “Bilateral MoU with SEBI” shall mean a bilateral MoU between SEBI and the overseas regulator that inter alia provides for information sharing arrangements. (5) Member of FATF shall not mean an Associate member of FATF.Provisions relating to QFIs are subject to the repeal and savings provisions provided in the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014. “RBI” Reserve Bank of India, established under the Reserve Bank of India Act, 1934. "RBI Regulations" Rules, regulations, guidelines or circulars as notified by RBI from time to time. “Recognised Stock Exchange” Stock exchanges recognized by SEBI. "Redemption Price" Redemption Price to an investor of Units under the Scheme (including Options thereunder) computed in the manner indicated elsewhere in this SID. “REIT” or “Real Estate Investment Trust” Means the Trust as defined under Clause (zm) of sub-regulation 1 of regulation 2 of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 “Register of Unitholders” Register of unitholders for...
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Examples of Qualified Foreign Investor in a sentence

  • Qualified Foreign Investor (QFI) can invest in the scheme(s) provided the same is in compliance with SEBI circular CIR / IMD / DF / 14 / 2011 dated August 9, 2011 read with SEBI circular CIR/ IMD/ FII&C/13/ 2012 dated June 07, 2012, as applicable.

  • Qualified Foreign Investor (QFI) can invest in the scheme(s) provided the same is in compliance with SEBI circular CIR / IMD / DF / 14 / 2011 dated August 9, 2011 read with SEBI circular CIR/ IMD/ FII&C/13/ 2012 dated June 07, 2012, as applicable.3 (A).

  • Person of Indian Origin (PIO), Hindu Undivided Family (HUF), Qualified Foreign Investor (QFI) and other categories of investors will not be eligible for this exemption.

  • Qualified Foreign Investor (QFI) can invest in the scheme(s) provided the same is in compliance with SEBI circular CIR / IMD / DF / 14 / 2011 dated August 9, 2011 read with SEBI circular CIR/ IMD/ FII&C/ 13/ 2012 dated June 07, 2012, as applicable.3(A).

  • Qualified Foreign Investor (QFI) can invest in the scheme(s) provided the same is in compliance with SEBI circular CIR / IMD / DF / 14 / 2011 dated August 9, 2011 read with SEBI circular CIR/ IMD/ FII&C/ 13/ 2012 dated June 07, 2012, as applicable.

  • Act provides for lower rate of withholding tax at the rate of 5% (plus applicable surcharge and cess) on payment by way of interest paid by an Indian company to FPIs and Qualified Foreign Investor in respect of rupee denominated bond of an Indian company till July 1, 2020 provided such rate does not exceed the rate as may be notified by the Government.

  • The Company is in process of initiating trading at stock exchange.Distribution of Shareholding as on March 31, 2014 Distribution Range of sharesNo. of sharesCategory of Shareholder as on March 31, 2014 Financial Institutions Bodies Corporate Qualified Foreign Investor Individual Shareholders Promotor Group Plant LocationT-14, Tarapur Industrial Area, MIDC, Boisar, Dist.

  • Act provides for lower rate of withholding tax at the rate of 5% (plus applicable surcharge and cess) on payment by way of interest paid by an Indian company to FIIs and Qualified Foreign Investor in respect of rupee denominated bond of an Indian company till July 1, 2020 provided such rate does not exceed the rate as may be notified by the Government.

  • Investments in RMB by a fund in China A / B Shares or onshore China fixed income securities and other permissible securities denominated in RMB may be made through any permissible means pursuant to any prevailing regulations, including through the Qualified Foreign Investor (“QFI”) status, the Shanghai-Hong Kong Stock Connect and the Shenzhen- Hong Kong Stock Connect programmes (the “Stock Connect”), Bond Connect (as defined below) and any other eligible means.

  • Financial Institutions 0 0 0 0.00 0 0 0 0.00 0.00* I.D.B.I.0000.000000.000.00* I.C.I.C.I.0000.000000.000.00* Goverment Companies 0 0 0 0.00 0 0 0 0.00 0.00* State Financial Corporation 0 0 0 0.00 0 0 0 0.00 0.00* Qualified Foreign Investor 0 0 0 0.00 0 0 0 0.00 0.00* Any Other0000.000000.000.00* Otc Dealers (Bodies Corporate) 0 0 0 0.00 0 0 0 0.00 0.00* Private Sector Banks 0 0 0 0.00 0 0 0 0.00 0.00Sub-total (B)(1):-0000.000000.000.00(2) Non-Institutions (a) Bodies Corp.


More Definitions of Qualified Foreign Investor

Qualified Foreign Investor means a non-resident that fulfils the customer due diligence criteria prescribed by the Central Government.
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Related to Qualified Foreign Investor

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • Qualified United States financial institution means an institution that:

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • foreign firm means a business entity owned or controlled by one or more foreign nationals or a business entity in which more than 50 percent of the stock is owned or controlled by one or more foreign nationals.

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Approved Foreign Bank has the meaning specified in the definition of “Cash Equivalents.”

  • Disqualified Non-United States Tax Person With respect to any Class R Certificate, any Non-United States Tax Person or agent thereof other than: (1) a Non-United States Tax Person that (a) holds such Class R Certificate and, for purposes of Treasury Regulations Section 1.860G-3(a)(3), is subject to tax under Section 882 of the Code, (b) certifies that it understands that, for purposes of Treasury Regulations Section 1.860E-1(c)(4)(ii), as a holder of such Class R Certificate for United States federal income tax purposes, it may incur tax liabilities in excess of any cash flows generated by such Class R Certificate and intends to pay taxes associated with holding such Class R Certificate, and (c) has furnished the Transferor, the Trustee, the Certificate Administrator and the Tax Administrator with an effective IRS Form W-8ECI or successor form and has agreed to update such form as required under the applicable Treasury regulations; or (2) a Non-United States Tax Person that has delivered to the Transferor, the Trustee, the Certificate Administrator and the Tax Administrator an opinion of nationally recognized tax counsel to the effect that (x) the Transfer of such Class R Certificate to it is in accordance with the requirements of the Code and the regulations promulgated thereunder and (y) such Transfer of such Class R Certificate will not be disregarded for United States federal income tax purposes.

  • U.S. Accredited Investor means an “accredited investor” as defined in Rule 501(a) of Regulation D;

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • United States Securities Person Any “U.S. person” as defined in Rule 902(k) of Regulation S.

  • Non-United States Person Any Person other than a United States Person.

  • designated foreign jurisdiction means Australia, France, Germany, Hong Kong, Italy, Japan, Mexico, the Netherlands, New Zealand, Singapore, South Africa, Spain, Sweden, Switzerland or the United Kingdom of Great Britain and Northern Ireland;

  • Non-United States Tax Person Any Person other than a United States Tax Person.

  • Exempt Irish Investor for the present purposes means:

  • Designated Investor means an Investor (a) that has been approved in writing as a Designated Investor by Administrative Agent and the Required Lenders, in their sole discretion, and (b) in respect of which there has been delivered to Administrative Agent:

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Qualified Investor means any person, who invests a minimum amount of R1 million per hedge fund and who:

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • accredited laboratory means an analytical facility accredited by the Standards Council of Canada (SCC), or accredited by another accrediting agency recognized by Manitoba Conservation and Climate to be equivalent to the SCC, or be able to demonstrate, upon request, that it has the quality assurance/quality control (QA/QC) procedures in place equivalent to accreditation based on the international standard ISO/IEC 17025, or otherwise approved by the Director;

  • Foreign Issuer means “foreign issuer” as that term is defined in Rule 902(e) of Regulation S;

  • Foreign Purchaser has the meaning assigned thereto in Section 8(d).

  • Designated Foreign Subsidiaries means all members of the Company Group that are organized under the laws of any jurisdiction or country other than the United States of America that may be designated by the Board or the Committee from time to time.

  • Qualified Institutional Investor (tekikaku kikan xxxxxxx) has the meaning assigned thereto in Article 2, Paragraph 3, item 1 of the Financial Instruments and Exchange Law (kinyu shohin torihiki ho) of Japan (Law No. 25 of 1948), Article 10, Paragraph 1 of the regulations relating to the definitions contained in such Article 2.