Current Affairs · Financial Market Regulations & Timelines
Regarding the various implementation timelines and compliance deadlines established in the Reserve Bank of India's directions for the 2026-2027 period, which of the following statements is/are correct? 1. Provisions regarding the Legal Entity Identifier (LEI) for market participants are applicable with immediate effect upon the issuance of the directions. 2. Compliance with the Unique Transaction Identifier (UTI) requirements for over-the-counter (OTC) derivative transactions becomes mandatory starting January 1, 2027. 3. Authorised Dealers are required to ensure compliance with the Net Open Position in INR (NOP-INR) limits no later than April 10, 2026. 4. The revised instructions regarding the reporting of External Commercial Borrowings (ECB) and the modified Late Submission Fee (LSF) framework take effect from July 1, 2026. Select the correct option:
- 14 only
- 22, 3, and 4 only
- 31 and 2 only
- 41, 2, and 3 only✓
Correct answer
1, 2, and 3 only
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