Regulatory amendment broadens eligible instruments by replacing 'equity shares' with 'the securities' in FPI rules. The amendment replaces the words 'equity shares' with 'the securities' in a specified clause of the Foreign Portfolio Investors Regulations, thereby broadening the terminology of the eligible instruments in that provision. The regulation takes effect on publication in the Official Gazette and is promulgated as a second amendment within the ongoing sequence of amendments to the Foreign Portfolio Investors regulatory framework.
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Regulatory amendment broadens eligible instruments by replacing "equity shares" with "the securities" in FPI rules.
The amendment replaces the words "equity shares" with "the securities" in a specified clause of the Foreign Portfolio Investors Regulations, thereby broadening the terminology of the eligible instruments in that provision. The regulation takes effect on publication in the Official Gazette and is promulgated as a second amendment within the ongoing sequence of amendments to the Foreign Portfolio Investors regulatory framework.
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