The Reserve Bank of India has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026. The Regulations aim to rationalise the authorisation and renewal framework for authorised persons and extend the principal-agent model for delivery of foreign exchange facility while maintaining appropriate checks and balances. 2. The Regulations have been issued after examining and suitably including feedback received from the stakeholders on the draft framework published on the Bank’s website on December 26, 2023. Bank’s response to the major comments received are in the Annex. (Brij Raj)
Chief General Manager Press Release: 2026-2027/213 | |