MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI) are key data elements identified globally for reporting of OTC derivative transactions. While LEI uniquely identifies the counterparties to a transaction, UTI serves as a single unique reference number for the transaction. Over the years, the Reserve Bank has issued instructions mandating reporting of LEI for transactions in the financial m...
NEW DELHI, March 27 -- The Government of India issued the following FEMA circular: RBI/2025-26/252 A.P. (DIR Series) Circular No. 24 March 27, 2026 To, All Authorised Persons Madam/Sir, NOP-INR position of Authorised Dealers Attention of Authorised Dealers is invited to the Master Direction - Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. In terms of paragraph A (ii) (a) of Annex I of the Master Direction, the Reserve Bank may prescribe limits ...