RBI updates Master Direction on Reporting under Foreign Exchange Management Act, 1999

The Reserve Bank of India (RBI) has updated the Master Direction on Reporting under Foreign Exchange Management Act, 1999. RBI has prescribed various reports and forms under FEMA to be submitted by Authorised Persons/ Authorised Dealer Category – I Banks/ Authorised Banks. Accurate compilations and timely submission of these reports are of critical importance as they not only act as a supervisory tool but also help in fine-tuning the policies relating to foreign exchange transactions regulated under FEMA.

[RBI/FED/2015-16/13 FED Master Direction No.18/2015-16]

 

URL: https://rbidocs.rbi.org.in/rdocs/notification/PDFs/13MDRD77DCF42C4E64B6C9A83C24EF5D4E188.PDF