SEBI removes CP code, clearing member disclosure for NRIs, aligning their trading norms with domestic investors for simplicity.

• NRIs no longer need CP codes or to disclose clearing members' names when trading in exchange-traded derivatives.
• Position limits for NRIs will now be tracked at the client level, just like for Indian investors.
• Exchanges must update rules in 30 days; NRIs get 90 days to opt out of CP code via email.