https://www.taxtmi.com/notifications?id=128540 The amendment inserts a regulation permitting FIIs and sub accounts to issue, deal in or hold off shore derivative instruments such as Participatory Notes and Equity Linked Notes against Indian listed or proposed securities only in favour of entities regulated in their home jurisdiction, subject to know your client requirements; existing instruments issued to unregulated persons before commencement will expire on maturity or within five years. FIIs and sub accounts must ensure no downstream issuance or transfer of these instruments to persons other than regulated entities. en-us Tue, 27 Jan 2004 00:00:00 +0530 Thu, 21 Feb 2019 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128540 The amendment inserts a regulation permitting FIIs and sub accounts to issue, deal in or hold off shore derivative instruments such as Participatory Notes and Equity Linked Notes against Indian listed or proposed securities only in favour of entities regulated in their home jurisdiction, subject to know your client requirements; existing instruments issued to unregulated persons before commencement will expire on maturity or within five years. FIIs and sub accounts must ensure no downstream issuance or transfer of these instruments to persons other than regulated entities. Notifications SEBI Tue, 27 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128540