Fully Accessible Route expands to include sovereign green bonds, enabling non resident investment under FAR conditions.
All Sovereign Green Bonds issued by the Government in fiscal year 2023 24 are designated as specified securities under the Fully Accessible Route, making them eligible for non resident investment on the same unrestricted basis as other FAR securities. The Directions are issued under the Reserve Bank's statutory powers, without prejudice to permissions under other laws, and are applicable with immediate effect.

Wire transfer due diligence: strengthened originator and beneficiary information requirements and risk-based processing obligations for regulated entities.
The amendment requires cross-border wire transfers to carry accurate originator and beneficiary information-originator name, account or unique transaction reference, originator address or national identity/customer identification details, and beneficiary name and account-permits limited originator data for individual transfers within batch files provided the batch contains full traceable information, applies equivalent information rules to qualifying domestic transfers, mandates prompt availability of transfer information to law enforcement and FIU-IND on lawful request, and imposes defined ordering, intermediary and beneficiary regulated entity responsibilities including risk-based policies and suspicious transaction reporting.

Fully Accessible Route now includes sovereign green bonds, permitting non-resident investment under existing FAR conditions.
All Sovereign Green Bonds issued by the Government in fiscal year 2022-23 are designated as specified securities under the Fully Accessible Route, permitting non-resident investment on the same terms as other FAR-eligible central government securities. The Directions are issued under Section 45W, apply with immediate effect, and are without prejudice to permissions required under other laws.