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

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..... by Registered Foreign Institutional Investors (FII). Vide circular IMD/CUST/8/2003 dated August 08, 2003 , SEBI advised 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 format prescribed in the said circular. The report had to be submitted every f .....

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..... ticular month (reporting period) will henceforth not be required to submit " Nil" Reports for the month. Additionally, the reporting format (Annexure B) has been modified by inserting a new column B1 titled "Name and jurisdiction of the regulator by whom the offshore derivatives holder is regulated" in Annexure B. The modification is consequential to insertion of Regulation 15 .....

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