Risk Management and Inter-bank Dealings – Hedging of Foreign Exchange Risk-Date of Implementation

Risk Management and Inter-bank Dealings – Hedging of Foreign Exchange Risk-Date of Implementation https://www.taxtmi.com/circulars?id=64029 Directions on hedging of foreign exchange risk originally to come into effect on June 1, 2020 are deferred and will now be effective from September 1, 2020; Directions on banks' participation in offshore non deliverable rupee derivative markets remain effective from June 1, 2020. The Circular is issued under the statutory foreign exchange framework and preserves any permissions required under other laws, addressed to Authorised Dealers Category I. en-us Mon, 18 May 2020 00:00:00 +0530 Mon, 18 May 2020 18:55:00 +0530 TaxTMI RSS Generator Risk Management and Inter-bank Dealings – Hedging of Foreign Exchange Risk-Date of Implementation https://www.taxtmi.com/circulars?id=64029 Directions on hedging of foreign exchange risk originally to come into effect on June 1, 2020 are deferred and will now be effective from September 1, 2020; Directions on banks' participation in offshore non deliverable rupee derivative markets remain effective from June 1, 2020. The Circular is issued under the statutory foreign exchange framework and preserves any permissions required under other laws, addressed to Authorised Dealers Category I. Circulars FEMA Mon, 18 May 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64029