Changeflow GovPing Banking & Finance Framework for Net Settlement of Funds for FPIs ...
Priority review Rule Added Final

Framework for Net Settlement of Funds for FPIs in Cash Market

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Summary

SEBI issued Circular No. HO/(1)2026-AFD-POD2/I/10157/2026 on April 24, 2026, establishing a new framework for net settlement of funds for Foreign Portfolio Investor (FPI) transactions in the cash market. The circular was published on the SEBI website with the title 'Framework for net settlement of funds for transactions done by Foreign Portfolio Investors (FPIs) in cash market'. Detailed provisions and operational requirements of the framework would be contained in the full circular text.

“Framework for net settlement of funds for transactions done by Foreign Portfolio Investors (FPIs) in cash market”

SEBI , verbatim from source
Why this matters

FPIs and their custodians should obtain the full text of this circular from the SEBI website, as the net settlement framework likely establishes specific timelines, documentation requirements, and procedures for the netting of FPI cash market transactions. Non-compliance with SEBI's settlement framework may result in regulatory action under the SEBI Act, 1992.

AI-drafted from the source document, validated against GovPing's analyst note standards . For the primary regulatory language, read the source document .
Published by SEBI on sebi.gov.in . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

About this source

GovPing monitors SEBI Circulars (India) for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 11 changes logged to date.

What changed

SEBI has issued a final circular establishing a framework for the net settlement of funds for Foreign Portfolio Investor transactions conducted in the cash market. The circular is designated as a binding regulatory instrument effective from April 24, 2026.

Affected parties include Foreign Portfolio Investors operating in Indian cash markets, their designated depository participants, and custodians who facilitate FPI transactions. These entities should review the full circular text to understand the specific operational requirements, reporting obligations, and compliance procedures established by this net settlement framework.

Archived snapshot

Apr 24, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

SEBI Helpline for Investors::: Request for Proposal for sale of PACL properties in Uttarakhand,Odisha,Chandigarh and Andhra Pradesh::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: ::: :::

Framework for net settlement of funds for transactions done by Foreign Portfolio Investors (FPIs) in cash market

Apr 24, 2026

| Circular No.: HO/(1)2026-AFD-POD2/I/10157/2026


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Last updated

Classification

Agency
SEBI
Published
April 24th, 2026
Instrument
Rule
Branch
Executive
Legal weight
Binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Investors Financial advisers
Industry sector
5231 Securities & Investments
Activity scope
FPI transaction settlement Cash market operations Fund settlement procedures
Geographic scope
IN IN

Taxonomy

Primary area
Securities
Operational domain
Compliance
Compliance frameworks
Dodd-Frank
Topics
Banking Financial Services

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