JP Morgan Chase Resolves FPI Rule Breach with Sebi

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

JP Morgan Chase Settles FPI Rule Violation Case with Sebi for Rs 34.42 Lakh

Representational image (Image: News18)

N

News18•20-03-2026, 21:45

JP Morgan Chase Settles FPI Rule Violation Case with Sebi for Rs 34.42 Lakh

•JP Morgan Chase settled with Sebi for alleged FPI rule violations, paying Rs 34.42 lakh.
•The bank filed a suo-motu settlement application, neither admitting nor denying findings.
•Sebi found JP Morgan Chase granted Category II licenses to four unregistered UK FPIs.
•The bank re-categorized these entities as Category I FPIs without verifying regulatory status.
•JP Morgan Chase delayed acting on a material change (FPI merger), allowing transactions for 38 days.

Read Full Article on News18 in English

✦

More like this

✦

More like this

Representational image (Image: News18)

Goa Secures Rs 252.83 Cr from Iron Ore Auctions: CM Sawant Announces Economic Boost

Representational image (Image: News18)

Allahabad HC Rejects Bail for Phensedyl Syrup Accused

Representational image (Image: News18)

SC Rejects UP Power Body's Claims in Essar Power MP Insolvency Dispute

SC warns against 'strategic litigation' by losing IBC bidders, upholds Sarda Energy plan

SC warns against 'strategic litigation' by losing IBC bidders, upholds Sarda Energy plan

The Bengaluru sessions court had granted bail to Nanda, subject to several conditions. The court directed him to furnish a personal bond of ₹5 lakh along with two sureties of ₹2 lakh each. He has also been ordered to surrender his passport and cooperate with investigators whenever summoned.

ED Challenges Winzo Co-founder Nanda's Bail, Fights Salary Account Relief in Karnataka HC

Representational image (Image: News18)

Baramati Crash: Rohit Pawar alleges VSR Ventures cover-up, questions AAIB report.