Foreign Portfolio Investor participation in commodity derivatives in IFSC permitted subject to non agricultural, cash settled, foreign currency conditions. Foreign Portfolio Investors are permitted to participate in commodity derivatives on IFSC stock exchanges only for non agricultural commodity contracts, which must be cash settled on settlement prices determined on overseas exchanges and denominated exclusively in foreign currency; exchanges must amend bye laws, notify members and publish the provisions, with the instruction issued under the regulator's investor protection and market development mandate and effective from the date of issuance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign Portfolio Investor participation in commodity derivatives in IFSC permitted subject to non agricultural, cash settled, foreign currency conditions.
Foreign Portfolio Investors are permitted to participate in commodity derivatives on IFSC stock exchanges only for non agricultural commodity contracts, which must be cash settled on settlement prices determined on overseas exchanges and denominated exclusively in foreign currency; exchanges must amend bye laws, notify members and publish the provisions, with the instruction issued under the regulator's investor protection and market development mandate and effective from the date of issuance.
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