Enabling Dealings by IFSC - Banking Units in Bullion Unallocated Accounts

Last updated: 13 March 2021

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This IFSCA circular outlines the regulations for Banking Units (IBUs/FBUs) operating in IFSC to manage Unallocated Accounts for Gold and Silver. It details permitted activities such as trading, hedging, and swapping with physical bullion, as well as participation in derivative transactions. The document also specifies eligibility norms and risk management frameworks, including position and gap limits for inter-bank transactions. This information is crucial for financial institutions involved in bullion trading within the IFSC.

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Enabling Dealings by IFSC - Banking Units in Bullion Unallocated Accounts #pdf

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Submitted by Aruhi · Posted 13 March 2021 · Other files by Aruhi · Report

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