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The Reserve Bank of India had issued the draft directions on ‘Reporting Instructions for Authorised Dealer Category-I Banks’ on February 16, 2026, seeking feedback from market participants, stakeholders and other interested parties. With a view to enhance transparency in the foreign exchange market, the directions require Authorised Dealer Category-I banks to report foreign exchange derivative transactions involving INR undertaken by their related parties globally to the Trade Repository of the Clearing Corporation of India Limited (CCIL). 2. The feedback received on the draft directions has been examined and consequent modifications have been suitably incorporated in the final directions. Statement on the major feedback received is provided in the Annex. Certain feedback on reporting formats and other operational aspects have been shared with CCIL for examination. (Brij Raj) Press Release: 2026-2027/152 |
