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    <title>Clarification regarding grandfathering of ODI issuers and modification of replies of FAQ 70 and FAQ 71 of SEBI FAQs to SEBI (FPI) Regulations, 2014</title>
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    <description>ODI subscribers who held positions under the FII regime may continue under the FPI regime only if they comply with Regulation 22 and meet eligibility criteria in SEBI circular CIR/IMD/FIIC/20/2014 and other SEBI norms; non compliant entities, including certain unregulated funds, may only hold existing positions until expiry or until the specified cut off, and cannot take fresh positions or renew old ones. Fresh ODIs may be issued only to entities meeting the same eligibility and compliance conditions.</description>
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      <description>ODI subscribers who held positions under the FII regime may continue under the FPI regime only if they comply with Regulation 22 and meet eligibility criteria in SEBI circular CIR/IMD/FIIC/20/2014 and other SEBI norms; non compliant entities, including certain unregulated funds, may only hold existing positions until expiry or until the specified cut off, and cannot take fresh positions or renew old ones. Fresh ODIs may be issued only to entities meeting the same eligibility and compliance conditions.</description>
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      <pubDate>Wed, 29 Jun 2016 00:00:00 +0530</pubDate>
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