Extension of timeline for implementation of provisions of SEBI circular dated December 17, 2024 on Measures to address regulatory arbitrage with respect to Offshore Derivative Instruments (ODIs) and FPIs with segregated portfolios vis-à-vis
Summary
SEBI extends the implementation timeline for specific disclosure provisions regarding Offshore Derivative Instruments and segregated portfolios to November 17, 2025. This extension applies to paragraphs 2.2 to 2.7 of the circular dated December 17, 2024, based on representations from market participants. All other provisions of the original circular remain unchanged.
Text
it has been decided to extend the above timeline, prescribed under Paragraphs 4 and 5 of the said circular, to November 17, 2025.
All other provisions of SEBI circular dated December 17, 2024 shall remain unchanged.
This Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulations 21, 22(1), 22(6), 22(7) and 44 of SEBI (Foreign Portfolio Investors) Regulations, 2019, and Sub-rule 14 (i) of Rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market.
Source: SecMarx — Extension of timeline for implementation of provisions of SEBI circular dated December 17, 2024 on Measures to address regulatory arbitrage with respect to Offshore Derivative Instruments (ODIs) and FPIs with segregated portfolios vis-à-vis. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.