RBI Updates Rupee IRD Rules for Market Alignment

  Published 1 year ago

RBI issues updated Rupee IRD draft rules to align with market changes, new products, and non-resident participation.

  • A comprehensive review ensures the regulatory framework matches evolving market needs and participant diversity.
  • Rationalized reporting reduces compliance burden for market players.
  • New global transaction reporting proposed to boost transparency in Rupee IRD markets.
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