New Delhi, April 30 -- The Securities and Exchange Board of India has deferred the rollout of the common contract note (CCN) for foreign portfolio investors to 1 July, two months after the earlier deadline of 30 April.

The CCN seeks to consolidate trade details across exchanges into a single document to boost transparency, streamline processes, and lower costs, bringing FPIs on par with retail investors who already receive unified notes.

In the current system, FPIs receive separate notes for trades executed on BSE and the National Stock Exchange.

However, several global custodians and FPI representatives had flagged challenges in aligning their systems to the new format, as Mint reported on 23 April. Their concerns ranged from reconcil...