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    <description>Defines core expressions for the Foreign Exchange Management (Authorised Persons) Regulations, 2026, including Act, Annual Forex Turnover, Authorised Dealer, Full Fledged Money Changer, and Forex Correspondent. Annual Forex Turnover covers foreign exchange purchased and sold directly or through agents, franchisees, and Forex Correspondents, excluding inward remittances processed. Corporate and governance terms such as company, control, director, key managerial personnel, net worth, promoter, and significant influence are aligned with the Companies Act, 2013, while undefined terms take their meaning from the Act.</description>
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