[India] Key Regulatory Updates on ECB & AI
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This episode covers regulatory updates in ECB, Foreign Exchange Management, OECD, External Commercial Borrowing, Artificial Intelligence.
We begin with the Reserve Bank of India's recent amendments to the Foreign Exchange Management (Borrowing and Lending) Regulations, 2026, focusing on enhanced reporting frameworks for External Commercial Borrowings to improve transparency and compliance.
Next, learn about the RBI's mandate for Unique Transaction Identifiers (UTIs) in over-the-counter derivative transactions, strengthening market surveillance and regulatory oversight starting January 2027.
Finally, hear about the OECD's contributions at the India AI Impact Summit, including their Due Diligence Guidance on Responsible Artificial Intelligence and updates on the Hiroshima AI Process Code of Conduct reporting framework.
For more information, visit the Carver Agents website.
Articles mentioned:
- Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
- Unique Transaction Identifier for OTC Derivative Transactions
- Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026
- The OECD at the India AI Impact Summit