SEBI Update – 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 FPIs (Applicable-Foreign Portfolio Investors (“FPIs”) Designated Depository Participants (“DDPs”) and Custodians The Depositories ,The Stock Exchanges and Clearing Corporations

SEBI Has issued the circular regarding 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 FPIs.

SEBI, in December, came out with the framework, which was to become effective from May 17.

The framework provides for additional disclosures to be made by ODI subscribers and FPIs (Foreign Portfolio Investors) with segregated portfolios.

 It has been decided to extend the timeline, to November 17, 2025

Link – https://www.sebi.gov.in/legal/circulars/may-2025/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-f-_93980.html