3 months ago
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The Reserve Bank of India (RBI) connected Tuesday released the draught Directions connected Foreign Exchange Dealings of Authorised Persons to among others easiness reporting obligations and invited comments and feedback connected the draught directions by March 10, 2026.
“The regulatory model governing the facilities for Authorised Persons and inter-bank overseas speech transactions contained successful Part A (Section III) and Part C of the Master
Direction person been reviewed and refined to supply greater flexibility to Authorised Persons to woody successful products and undertake overseas speech transactions for hedging their exposures, equilibrium expanse absorption and market-making arsenic good arsenic to easiness reporting obligations,” the RBI said successful the draft.
The format for reporting of nett unfastened presumption limits has besides been updated, it said.
The Reserve Bank has been refining the regulations governing the overseas speech marketplace based connected evolving needs and marketplace feedback.
As portion of this endeavour, the regulations governing the facilities for Authorised Dealers (ADs) successful the overseas speech marketplace person been reviewed to supply the ADs with greater flexibility with respect to overseas speech products, hazard absorption and platforms.
As announced successful the Statement connected Developmental and Regulatory Policies dated February 06, 2026, the draught directions successful this respect are being issued for nationalist consultation.
