https://www.taxtmi.com/circulars?id=8455 Regulatory guidelines permit specified residents and non residents to use a defined set of OTC and exchange traded instruments to hedge contracted, probable and certain special exposures in foreign exchange, commodity price and freight risks, subject to documentary verification, limits that the notional and tenor not exceed underlying exposures, auditor certifications, user appropriateness and suitability checks by Authorised Dealer Category I banks, and extensive periodic reporting to the Reserve Bank. en-us Tue, 28 Dec 2010 00:00:00 +0530 Thu, 30 Dec 2010 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8455 Regulatory guidelines permit specified residents and non residents to use a defined set of OTC and exchange traded instruments to hedge contracted, probable and certain special exposures in foreign exchange, commodity price and freight risks, subject to documentary verification, limits that the notional and tenor not exceed underlying exposures, auditor certifications, user appropriateness and suitability checks by Authorised Dealer Category I banks, and extensive periodic reporting to the Reserve Bank. Circulars FEMA Tue, 28 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8455