Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Home Circulars 2020 SEBI SEBI - 2020 This
← Previous Next →
  • Login

 

User Login
Username  
Password  
Stay sign in     

Forget password       New User/ Regiser



 

Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC) - SEBI - SEBI/HO/MRD2/DCAP/CIR/P/2020/17

Extract

..... derivatives were specified as permissible securities in which dealing may be permitted by stock exchanges in IFSC. 2. RBI, vide Statement on Developmental and Regulatory Policies dated October 04, 2019, inter-alia, announced its decision to allow Rupee derivatives (with settlement in foreign currency) to be traded in IFSC. 3. Accordingly, RBI, vide circular dated January 20, 2020 (ref.no.RBI/2019-20/145, A.P. (DIR Series) Circular No.17) issued directions under Sections 10(4) and 11(1) of the Fo .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC) - SEBI

X X   X X   Extracts   X X   X X

..... her d) Other Clients - Gross open position across all contracts not to exceed 6% of the total open interest or USD 100 million equivalent, whichever is higher. Explanation : For the purpose of extending aforementioned positions limits, Institutional Investors includes the following: International Banking Units (IBU) set up in IFSC Foreign Portfolio Investors (FPI) AMCs and other Funds set up in IFSC Insurance Companies set up in IFSC Foreign Banks setup in other offshore jurisdictions Supranatio .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC) - SEBI

X X   X X   Extracts   X X   X X

 

← Previous Next →

 

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||