RBI modifies the comprehensive guidelines on derivatives

Apr 10, 2018 | by Avantis RegTech Legal Research Team

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The Reserve Bank of India (RBI) has modified the comprehensive guidelines on derivatives. It has been decided that standalone plain vanilla forex options (without attached structures) purchased by clients will be exempt from the ‘user suitability and appropriateness’ norms, and the regulatory requirements will be at par with forex forward contracts.

[RBI/2017-18/151 DBR.No.BP.BC.103/21.04.157/2017-18]

URL: https://rbidocs.rbi.org.in/rdocs/notification/PDFs/NT15143CBFEA24A7547F2BB535BA9A779EB28.PDF


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