Disclosure of offshore derivative instruments now required alongside a binding FII code of conduct and market conduct prohibitions. The amendment mandates that Foreign Institutional Investors disclose fully the terms of and parties to off shore derivative instruments, including participatory notes and equity linked notes, relating to securities listed or proposed to be listed in India, as and when and in such form as the Board may require. It also inserts a binding Code of Conduct requiring FIIs to observe integrity, confidentiality, asset segregation, due diligence, compliance with the Act and regulations, and prohibitions on insider trading, fraudulent transactions, false markets and price manipulation, together with compliance with Ombudsman awards.