Press release regarding RBI Cautions against unauthorised forex trading platforms (dated -03.02.2022) – RBI.

  • 04th, February 2022
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Press release regarding RBI Cautions against unauthorised forex trading platforms (dated -03.02.2022) – RBI.

  • The RBI cautions the public not to undertake forex transactions on unauthorised ETPs or remit/deposit money for such unauthorised transactions. Resident persons undertaking forex transactions for purposes other than those permitted under the FEMA or on ETPs not authorised by the RBI shall render themselves liable for penal action under the FEMA.
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