Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII)

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....dians of Securities Dear Sir / Madam, Sub: Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII). Please refer to our Circular No. IMD/CUST/02/2004 dated January 26, 2004 regarding the captioned subject. Further to the aforesaid circular and insertion of Regulation 15A in the SEBI(FII) Regulations, 1995("Regulations") , it is hereby clarified that....

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....d or supervised by a securities or futures commission, such as the Financial Services Authority (UK), the Securities and Exchange Commission (USA), the Commodities Futures Trading Commission (USA), the Securities and Futures Commission (Hong Kong or Taiwan), Australian Securities and Investments Commission (Australia) or other securities or futures authority or commission in any country , state or....