https://www.taxtmi.com/notifications?id=132213 Amendments redefine 'authorised dealer' and 'foreign exchange derivative contract', add definitions for contracted and anticipated exposure, currency risk, hedging and exchange traded currency derivatives, and delete several prior sub definitions. A person, resident or non resident, may enter into foreign exchange derivative contracts with an authorised dealer; Rupee involving contracts must be for hedging contracted or anticipated exposures unless RBI permits otherwise, and delivery settled Rupee transactions are confined to authorised dealers and permitted persons. Exchange traded contracts for hedging contracted exposure are allowed subject to designation of an authorised dealer for monitoring and disclosure obligations. en-us Tue, 18 Feb 2020 00:00:00 +0530 Fri, 06 Mar 2020 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132213 Amendments redefine 'authorised dealer' and 'foreign exchange derivative contract', add definitions for contracted and anticipated exposure, currency risk, hedging and exchange traded currency derivatives, and delete several prior sub definitions. A person, resident or non resident, may enter into foreign exchange derivative contracts with an authorised dealer; Rupee involving contracts must be for hedging contracted or anticipated exposures unless RBI permits otherwise, and delivery settled Rupee transactions are confined to authorised dealers and permitted persons. Exchange traded contracts for hedging contracted exposure are allowed subject to designation of an authorised dealer for monitoring and disclosure obligations. Notifications FEMA Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132213