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  • FEDAI Guidelines For Foreign Exchange

    Diunggah oleh

    hmsonawane
    29 tayangan1 halaman
    FEDAI (Foreign Exchange Dealers' Association of India) is a self-regulatory body established in 1958 under Indian law to oversee foreign exchange dealings by banks in India. FEDAI formulates guidelines and rules for foreign exchange business, trains bank personnel, accredits forex brokers, assists member banks with issues, and represents banks to the government and Reserve Bank of India. FEDAI guidelines coordinate closely with the Reserve Bank of India and other market organizations to play an important role in the functioning of foreign exchange markets.

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    FEDAI Guidelines-Trade

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    12-FEDAI.pdf

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    FEDAI (Foreign Exchange Dealers' Association of India) is a self-regulatory body established in 1958 under Indian law to oversee foreign exchange dealings by banks in India. FEDAI formulates guidelines and rules for foreign exchange business, trains bank personnel, accredits forex brokers, assists member banks with issues, and represents banks to the government and Reserve Bank of India. FEDAI guidelines coordinate closely with the Reserve Bank of India and other market organizations to play an important role in the functioning of foreign exchange markets.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    29 tayangan1 halaman

    FEDAI Guidelines For Foreign Exchange

    Diunggah oleh

    hmsonawane
    FEDAI (Foreign Exchange Dealers' Association of India) is a self-regulatory body established in 1958 under Indian law to oversee foreign exchange dealings by banks in India. FEDAI formulates guidelines and rules for foreign exchange business, trains bank personnel, accredits forex brokers, assists member banks with issues, and represents banks to the government and Reserve Bank of India. FEDAI guidelines coordinate closely with the Reserve Bank of India and other market organizations to play an important role in the functioning of foreign exchange markets.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    dari 1

    9/28/13

    FEDAI Guidelines for Foreign Exchange.

    FEDAI Guidelines for Foreign Exchange.

    Established in 1958, FEDAI (Foreign Exchange Dealers' Association of India) is a group of banks that deals in foreign exchange inIndia as a self regulatory body under the Section 25 of the Indian Company Act (1956). The role and responsibilities of FEDAI are as follows: Formulations of FEDAI guidelines and FEDAI rules for Forex business. Training of bank personnel in the areas of Foreign Exchange Business. Accreditation of Forex Brokers. Advising/Assisting member banks in settling issues/matters in their dealings. Represent member banks on Government/Reserve Bank of India and other bodies. Rules of FEDAI also include announcement of daily and periodical rates to its member banks. FEDAI guidelines play an important role in the functioning of the markets and work in close coordination with Reserve Bank of India (RBI), other organizations like Fixed Income Money Market and Derivatives Association (FIMMDA), the Forex Association of India and various other market participants.

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