Booking of forward contracts on past performance basis: standardized monthly reporting and cumulative carryover for limit computation. Booking of forward contracts on past performance basis requires banks to report a standard Annex IX schedule showing total limits sanctioned, cumulative ... Summary
Booking of forward contracts on past performance basis: standardized monthly reporting and cumulative carryover for limit computation.
Booking of forward contracts on past performance basis requires banks to report a standard Annex IX schedule showing total limits sanctioned, cumulative sanctioned limits, amount of contracts booked, amount utilized by delivery of documents, and amount of forward contracts cancelled in USD for the bank as a whole, with amounts maintained cumulatively and year end outstanding carried over and included in computing eligible limits for the next year.
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