Current Affairs · Banking & Financial Regulations
Regarding the reporting protocols for cross-border over-the-counter (OTC) derivative transactions under the 2026 Directions, which of the following statements is/are correct? 1. If a foreign jurisdiction does not enforce an earlier reporting deadline, the transaction must be reported within 5 Mumbai business days. 2. The use of a temporary Unique Transaction Identifier (UTI) is permitted until the final identifier for the transaction is registered. 3. The 5-day reporting window for these specific cross-border transactions is calculated on a calendar-day basis. 4. Reporting of cross-border transactions is restricted only to those executed on Electronic Trading Platforms (ETP). Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 2 only
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