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<h1>SEBI Amends Foreign Portfolio Investors Regulations: New USD 1000 Fee for Offshore Derivative Instruments Every Three Years.</h1> The Securities and Exchange Board of India (SEBI) issued the Fourth Amendment to the Foreign Portfolio Investors Regulations, 2017, effective upon publication in the Official Gazette. This amendment mandates foreign portfolio investors to collect a regulatory fee from subscribers of offshore derivative instruments. The fee is set at USD 1000 or another specified amount and must be deposited with SEBI every three years via electronic transfer. For the period starting April 1, 2017, the fee must be collected and deposited within two months of the amendment's notification. This regulation aims to streamline fee collection and enhance compliance.