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<h1>Quarterly reporting of guarantees to authorised dealer banks required, using Form GRN to record issuance, modification, and invocation details.</h1> Quarterly submission of Form GRN to the authorised dealer bank under regulation 7 requires Parts A-D: Part A identifies the reporting party; Part B records each guarantee at issuance with surety, principal debtor, creditor, type, amounts, dates, commission and counter guarantee/collateral details; Part C reports modifications or pre closures with prior transaction number and revised amount or validity/closure date; Part D reports invocations with transaction number, invocation date, liability amount, honour status, payment details and agreed extinguishment period. Mandatory fields and identifier codes must be provided where available.
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