The Reserve Bank of India (RBI) on February 21, 2025, updated the Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021.
This is with reference 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 the 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 with the document provided below.
[Notification No. RBI/FMRD/2021-22/84 FMRD.FMD.07/02.03.247/2021-22]
