Discontinuance of FII securities-lending reporting; reporting withdrawn as no outstanding short positions while synthetic short prohibition persists. The circular withdraws the weekly reporting obligation for Foreign Institutional Investors on securities lent abroad because there were no outstanding short positions as of March 04, 2011; the prohibition on synthetic short positions remains in force and custodians must inform their FII clients.
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.
Discontinuance of FII securities-lending reporting; reporting withdrawn as no outstanding short positions while synthetic short prohibition persists.
The circular withdraws the weekly reporting obligation for Foreign Institutional Investors on securities lent abroad because there were no outstanding short positions as of March 04, 2011; the prohibition on synthetic short positions remains in force and custodians must inform their FII clients.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.