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RBI/201011/14 Master Circular No. 14/201011July 1, 2010To, All Authorized Dealers Category I Bank Madam / Sir, Master Circular on Risk Management and InterBank DealingsForeign Exchange Derivative
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All authorized dealers refer to individuals or entities that are authorized to engage in foreign exchange transactions.
All authorized dealers are required to file reports to the relevant regulatory authorities.
To fill out all authorized dealers, the required information must be accurately reported on the designated forms provided by the regulatory authorities.
The purpose of all authorized dealers is to ensure transparency and compliance in foreign exchange transactions.
Information such as transaction details, currency exchange rates, parties involved, and the purpose of the transactions must be reported on all authorized dealers.
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