The Clearing Corporation of India Ltd. (CCIL) on May 28, 2024, issued a notification regarding the Changes to Forex Settlement Regulations.
The following has been stated:
• It has stated that Clause K(B) of Chapter IV, Clause B of Chapter VI and Clause C (5) of Chapter VII of the Forex Settlement Regulations have been suitably amended.
• The changes to the Regulations of the Forex Settlement Segment have been appended herewith as Annexure.
This notification will come into force from July 01, 2024.
Kindly find the Annexure provided with this document attached to the document.
[Notification No CCIL/FX/USD-INR/24/09]
