RBI (Market-makers in OTC Derivatives) Directions 2021
Master Direction – Reserve Bank of India (RBI) (Market-makers in OTC Derivatives) Directions 2021
- Please refer to Paragraph 11 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy Statement for 2020-21 dated December 04, 2020, regarding review of the Comprehensive Guidelines on Derivatives (CGD).
- The draft Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2020 were released for public comments on December 04, 2020. Based on the feedback received from the market participants, the draft Directions were reviewed and have since been finalised. The Master Direction – Reserve Bank of India (Market-makers in OTC
Derivatives) Directions, 2021 are enclosed herewith.
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