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        FEMA

        Para 1 - Short title and commencement of the directions

        Currency Futures (Reserve Bank) Directions, 2008

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        Currency futures regulation establishes Reserve Bank directions governing all persons dealing in currency futures to safeguard financial stability. Reserve Bank issues directions under section 45W empowering a regulatory framework for currency futures aimed at protecting public interest and financial system stability, directed to all persons dealing in currency futures and titled Currency Futures (Reserve Bank) Directions, 2008, with effect from the notification date.
                          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.

                                Currency futures regulation establishes Reserve Bank directions governing all persons dealing in currency futures to safeguard financial stability.

                                Reserve Bank issues directions under section 45W empowering a regulatory framework for currency futures aimed at protecting public interest and financial system stability, directed to all persons dealing in currency futures and titled Currency Futures (Reserve Bank) Directions, 2008, with effect from the notification date.


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