https://www.taxtmi.com/circulars?id=53175 Amendments relax documentary requirements for hedging under the Past Performance route by allowing quarterly declarations and excess limit certifications to be signed by the Chief Financial Officer and Company Secretary (or CEO/COO with CFO if no CS), replacing prior statutory auditor certification; AD Category I banks may permit aggregate outstanding contracts beyond fifty percent of the eligible limit after examining a prescribed CFO/CS declaration and turnover certificate; statutory auditors continue to certify amounts booked and compliance annually. en-us Wed, 14 Jan 2015 00:00:00 +0530 Wed, 14 Jan 2015 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53175 Amendments relax documentary requirements for hedging under the Past Performance route by allowing quarterly declarations and excess limit certifications to be signed by the Chief Financial Officer and Company Secretary (or CEO/COO with CFO if no CS), replacing prior statutory auditor certification; AD Category I banks may permit aggregate outstanding contracts beyond fifty percent of the eligible limit after examining a prescribed CFO/CS declaration and turnover certificate; statutory auditors continue to certify amounts booked and compliance annually. Circulars FEMA Wed, 14 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53175