Risk management and inter-bank dealings consolidated for authorised dealers, covering non-resident rupee accounts and forex derivatives with limited sunset. Consolidates regulatory instructions on risk management and inter-bank dealings for Authorised Dealers - Category I banks, confirming that rupee accounts of non-resident banks, inter-bank transactions and foreign exchange derivative contracts are governed by the cited FEMA notifications and subsequent amendments, lists underlying circulars in an appendix, and is issued with a sunset clause contemplating replacement by an updated master circular.
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.
Risk management and inter-bank dealings consolidated for authorised dealers, covering non-resident rupee accounts and forex derivatives with limited sunset.
Consolidates regulatory instructions on risk management and inter-bank dealings for Authorised Dealers - Category I banks, confirming that rupee accounts of non-resident banks, inter-bank transactions and foreign exchange derivative contracts are governed by the cited FEMA notifications and subsequent amendments, lists underlying circulars in an appendix, and is issued with a sunset clause contemplating replacement by an updated master circular.
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