RBI releases Draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025 under Section 45 W of the RBI Act, 1934 https://www.taxtmi.com/news?id=48908 The issuing authority placed a draft Novation of OTC Derivative Contracts Directions, 2025 under Section 45W on its website, inviting banks, market participants and other interested parties to submit written and electronic comments. The draft revises the regulatory framework that has operated under the December 2013 circular, reflecting changes in market practice and seeking to rationalise related requirements; contact details and submission procedures for stakeholder feedback are provided. en-us Wed, 09 Jul 2025 18:08:25 +0530 Wed, 09 Jul 2025 18:08:24 +0530 TaxTMI RSS Generator RBI releases Draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025 under Section 45 W of the RBI Act, 1934 https://www.taxtmi.com/news?id=48908 The issuing authority placed a draft Novation of OTC Derivative Contracts Directions, 2025 under Section 45W on its website, inviting banks, market participants and other interested parties to submit written and electronic comments. The draft revises the regulatory framework that has operated under the December 2013 circular, reflecting changes in market practice and seeking to rationalise related requirements; contact details and submission procedures for stakeholder feedback are provided. News - Wed, 09 Jul 2025 18:08:25 +0530 https://www.taxtmi.com/news?id=48908