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- The Securities and Exchange Board of India has cleared a new framework allowing Foreign Portfolio Investors to trade in non-cash-settled non-agricultural commodity derivatives.
- This update includes a delivery firewall to address previous tax and operational concerns regarding permanent establishment in India.
- The regulator also approved changes to rules governing portfolio managers, settlement proceedings, and advertising standards for regulated entities.
- These measures aim to increase market flexibility and reduce the compliance burden for various financial entities.
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Named India · Securities and Exchange Board of India
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