The firm faced a Show Cause Notice or the SCN issued in February 2025 for alleged non-compliance with multiple provisions under both the SEBI (FPI) Regulations, 2014, and the updated FPI Regulations, 2019 (Image Source: Ann Jacob/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

BNP Paribas has settled an adjudication proceeding with the Securities and Exchange Board of India over the violation of foreign portfolio investor norms by remitting a settlement amount of Rs 39.98 lakh to the market regulator.

The final settlement order, as released by SEBI on Nov. 11, brings closure or the final settlement to the proceedings initiated against the entity, which was acting as a designated depository participant. The firm faced a show cause notice issued in February 202

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