India, Oct. 29 -- SEBI Chairman Tuhin Kanta Pandey on Wednesday said the regulator will review compliance requirements for foreign portfolio investors (FPIs) and issue a consultation paper to seek views on aligning Indian norms with global standards, while retaining safeguards for investor protection and market integrity.

Acknowledging that some compliance requirements in India remain more onerous than those in other major jurisdictions, Pandey said it is examining the existing norms to facilitate greater foreign investor participation in domestic markets.

"We recognise that some compliance requirements in India remain more onerous than those in other major jurisdictions. We are reviewing these requirements and will issue a consultation...