Cross-currency derivative reporting: consolidated half-yearly returns required from authorised dealers, with detailed recordkeeping for audit. Authorised dealers must consolidate resident cross-currency derivative transactions into a prescribed half-yearly report showing product, number of transactions and notional principal in USD, submit it to the specified Exchange Control Department office (first for period ending 31 December 2002), and maintain detailed transaction records to enable audit and inspection under foreign exchange regulatory directions.
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Cross-currency derivative reporting: consolidated half-yearly returns required from authorised dealers, with detailed recordkeeping for audit.
Authorised dealers must consolidate resident cross-currency derivative transactions into a prescribed half-yearly report showing product, number of transactions and notional principal in USD, submit it to the specified Exchange Control Department office (first for period ending 31 December 2002), and maintain detailed transaction records to enable audit and inspection under foreign exchange regulatory directions.
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