https://www.taxtmi.com/circulars?id=11709 Consolidated Reserve Bank master circular establishing permissible participants and hedging products (forwards, swaps, options, interest rate instruments, commodity and freight derivatives, exchange traded currency futures/options), with product specific operational conditions (tenor, notional limits, deliverability, rebooking/cancellation rules), documentation and auditor certification requirements, prudential eligibility and risk management controls for banks, delegated and approval routes for commodity/freight hedging, rules for non resident bank rupee accounts and inter bank dealings, and extensive periodic reporting and surveillance obligations to the Reserve Bank. en-us Mon, 02 Jul 2012 00:00:00 +0530 Tue, 03 Jul 2012 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11709 Consolidated Reserve Bank master circular establishing permissible participants and hedging products (forwards, swaps, options, interest rate instruments, commodity and freight derivatives, exchange traded currency futures/options), with product specific operational conditions (tenor, notional limits, deliverability, rebooking/cancellation rules), documentation and auditor certification requirements, prudential eligibility and risk management controls for banks, delegated and approval routes for commodity/freight hedging, rules for non resident bank rupee accounts and inter bank dealings, and extensive periodic reporting and surveillance obligations to the Reserve Bank. Circulars FEMA Mon, 02 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11709