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

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r Sir / Madam, Sub: Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII). Vide our circular IMD/CUST/8/2003 dated August 08, 2003 , SEBI had directed all FIIs issuing offshore derivative/financial instruments against underlying Indian securities to report issuance / renewal / cancellation / redemption of the aforesaid instruments to SEBI as per the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....newal / cancellation / redemption of offshore derivative/financial instruments against underlying Indian securities on a fortnightly basis as prescribed in Circular No. IMD/CUST/8/2003 dated August 08, 2003 as soon as we have issued/subscribed any such off-shore derivative instrument." After submission of the undertaking , FIIs having nil outstanding off-shore derivatives need not submit 'Nil' ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ruments to SEBI as per the format prescribed in Circular No. IMD/CUST/8/2003 dated August 08, 2003 . The aforesaid information should be submitted by email to email id: [email protected] .  These instructions are issued under Regulation 20A of SEBI (Foreign Institutional Investors) Regulations, 1995 and shall come in force with immediate effect.  A copy of the circular is....