Margin for Derivative Contracts

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....Derivative Contracts) Regulations, 2020 notified in the Gazette of India vide notification no. FEMA.399/RB-2020 dated October 23, 2020 (Annex I). Accordingly, directions are being issued to allow posting and collection of margin for permitted derivative contracts between a person resident in India and a person resident outside India. 2. AD Cat-I banks may post and collect margin in India, on th....

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....to it in the Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 [Notification no. FEMA.399/RB-2020 dated October 23, 2020]. 3. AD Cat-I banks may post and collect such margin outside India in the form of: • Freely convertible foreign currency; and • Debt securities issued by foreign sovereigns with a credit rating of AA- and above issued by....