<span style="color: #222222;">Easing the regulatory framework for foreign portfolio investors, capital market regulator SEBI, today, simplified KYC requirements for them and permitted them to carry out the off-market transfer of securities.  <br />''  <br />'' The proposals were cleared by the SEBI's board during its meeting as part of efforts to simplify and expedite the registration process for foreign portfolio investors. Under the new framework, foreign portfolio investors would be classified into two categories instead of three. <br />'' <br />'' In another significant regulation, SEBI announced new norms to make it mandatory for companies to provide details of delayed loan payments and possible defaults to credit rating agencies.</span><br />'' <span style="color: #222222;">  <br />'' SEBI also announced relaxation in norms for 'Muni Bonds' to help smart cities and other registered entities working in areas of city planning and urban development work like municipalities to raise funds through issuance and listing of their debt securities.</span><br />