A Multi-Concept Theme for Digital Agencies and Startups
RBI has issued notification replacing Part A (Section I) of the Master Direction - Risk Management and Interbank Dealings dated July 5, 2016 and superseding following notifications:- (i) Currency Futures (Reserve Bank) Directions, 2008 (Notification No. FED.1/DG(SG)-2008 dated August 06, 2008) issued under RBIA, 1934; (ii) Currency Futures (Reserve Bank) (Amendment) Directions, 2010 (Notification No. FED.2/ED(HRK)-2010 dated January 19, 2010) issued under RBIA, 1934; (iii) Exchange Traded Currency Options (Reserve Bank) Directions, 2010 (Notification No. FED.01 / ED (HRK) - 2010 dated July 30, 2010) issued under RBIA, 1934; (iv) Currency Futures (Reserve Bank) (Amendment) Directions, 2014 (Notification No. FED.1/ED(GP)-2014 dated June 20, 2014); (v) Exchange Traded Currency Options (Reserve Bank) (Amendment) Directions, 2014 (Notification No. FED.2/ED(GP)-2014 dated June 20, 2014); (vi) Currency Futures (Reserve Bank) (Amendment) Directions, 2015 (Notification No. FMRD.1/ED(CS)-2015 dated December 10, 2015); (vii) Exchange Traded Currency Options (Reserve Bank) (Amendment) Directions, 2015 (Notification No. FMRD.2/ ED (CS)-2015 dated December 10, 2015) (viii) Currency Futures (Reserve Bank) (Amendment) Directions, 2017 (Notification No. FMRD.13/CGM(TRS)-2017 dated February 2, 2017); (ix) Exchange Traded Currency Options (Reserve Bank) (Amendment) Directions, 2017 (Notification No. FMRD.14/CGM(TRS)-2017 dated February 2, 2017) (x) Currency Futures (Reserve Bank) (Amendment) Directions, 2020 (Notification No. FMRD.FMD.03/ED(TRS)-2020 dated January 20, 2020); and (xi) Exchange Traded Currency Options (Reserve Bank) (Amendment) Directions,\ 2020 (Notification No FMRD.FMD.04/ED(TRS)-2020 dated January 20, 2020). Key highlights:- 1. Directions for OTC foreign exchange transactions 2. Directions for exchange traded currency derivatives For details please refer the attachment.
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