According to new yardstick, foreign portfolio investors (FPIs) coming from countries which are not members of the Financial Action Task Force (FATF) will have to meet stricter disclosure standards, and face greater scrutiny and regulatory hurdles.
Kindly refer to article appeared in Economic Times on 3rd September, 2018
https://economictimes.indiatimes.com/markets/stocks/news/india-may-tighten-disclosure-rules-for-fpis-from-mauritius/articleshow/65651726.cms