Clarifications regarding operations of Foreign Institutional Investors

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ors and Custodians of Securities Dear Sir/Madam, Sub: Clarifications regarding operations of Foreign Institutional Investors The Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995 (hereinafter referred to as Regulations ) stipulate the modalities of portfolio investment by Foreign Institutional Investors (FII) in the Indian secu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rs, write-off of securities etc. The revised version (Version 2.0) of the operational guidelines is enclosed for information and compliance. The revised guidelines also include reporting of debt transactions which would be implemented from August 1. 2002. Custodians should continue to report daily debt transaction in the existing format (dBase) till further instructions. The revi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nsure that there is no information leakage at their end or from their dealing rooms. The custodians of securities are requested to bring the contents of this circular to the notice of their constituents. The circular is also available at the web page 'Foreign Institutional Investors' on the SEBI website at www.sebi.gov.in. Yours faithfully, P. GUPTA .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X