Participation of Standalone Primary Dealers in Non-deliverable Rupee Derivative Markets.

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....e Markets Attention of Authorised Persons is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 03, 2000 [Notification no. FEMA. 25/RB-2000 dated May 03, 2000], as amended from time to time and the Master Direction - Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time (hereinafter referred as 'Mast....

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....ely: - "Such transactions can also be offered to residents and non-residents by Standalone Primary Dealers authorised as Authorised Dealer Category-III." (ii) In paragraph 2.3(iii) of Part-A (Section-I), after the words "IFSC Banking Unit", the following words shall be inserted, namely: - "and Standalone Primary Dealers authorised as Authorised Dealer Category-III" ....