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RBI releases Draft Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2020 under Section 45 W of the RBI Act, 1934

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated December 04, 2020 regarding the review of Comprehensive Guidelines on Derivatives, the Reserve Bank of India has released today the Draft Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2020. Comments on the Draft Directions are invited from banks, market participants and other interested parties by January 15, 2021.

Feedback on the Draft Directions may be forwarded to:

The Chief General Manager, Reserve Bank of India
Financial Markets Regulation Department
9th Floor, Central Office Building,
Shahid Bhagat Singh Marg, Fort
Mumbai – 400 001.

or by email with subject line “Feedback on Draft Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2020”.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/733

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