Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives in IFSC

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(DDPs)/ Custodian of Securities (Custodians) 3. All DDPs/ Custodians Dear Sir / Madam, Sub.: Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives in IFSC 1. SEBI (International Financial Services Centres) Guidelines, 2015 were issued on March 27, 2015. Subsequently, vide circular CIR/MRD/DSA/41/2016 dated March 17, 2016, SEBI has specified that 'Commodity Derivatives' s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....te of this Circular. 4. The Exchanges are advised to: i. take steps to make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the same. ii. bring the provisions of this circular to the notice of the members of the Exchange and also to disseminate the same on their website. 5. This circular is issued in exercise of powers conferred under Section 11....