Foreign exchange derivative regulation: establishes framework to promote orderly development and maintenance of the forex market. Reserve Bank of India, exercising statutory powers under the Foreign Exchange Management Act, 1999, promulgates regulations to govern foreign exchange derivative contracts to promote orderly development and maintenance of the foreign exchange market; the instrument is titled the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 and specifies a formal commencement date for the regime.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign exchange derivative regulation: establishes framework to promote orderly development and maintenance of the forex market.
Reserve Bank of India, exercising statutory powers under the Foreign Exchange Management Act, 1999, promulgates regulations to govern foreign exchange derivative contracts to promote orderly development and maintenance of the foreign exchange market; the instrument is titled the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 and specifies a formal commencement date for the regime.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.