https://www.taxtmi.com/news?id=16002 Proposal to liberalise documentary evidence requirements for residents hedging foreign currency exposures under the contracted exposure route, altering the current obligation to submit underlying exposure documents to Authorized Dealer Category I banks when booking derivative contracts. A consultative paper with draft operational guidelines is published and public comments from banks, market participants and businesses with forex exposure are invited to the Financial Markets Regulation Department prior to implementation. en-us Thu, 07 Apr 2016 17:32:35 +0530 Thu, 07 Apr 2016 17:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16002 Proposal to liberalise documentary evidence requirements for residents hedging foreign currency exposures under the contracted exposure route, altering the current obligation to submit underlying exposure documents to Authorized Dealer Category I banks when booking derivative contracts. A consultative paper with draft operational guidelines is published and public comments from banks, market participants and businesses with forex exposure are invited to the Financial Markets Regulation Department prior to implementation. News - Thu, 07 Apr 2016 17:32:35 +0530 https://www.taxtmi.com/news?id=16002