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Authorised money changers are one of the most prominent actors in the foreign exchange industry in India. According to Section 10 of the Foreign Exchange M...
FFMC Licence is an authorized permit to establish a business of money changing services or Forex Currency Exchange. The tourists essentially use these serv...
The agencies involved in the currency conversion business are known as Full Fledged Money Changers (FFMC License). According to Section 10 of the Foreign E...
FFMC Licences are granted to ensure the access to foreign exchange facilities for residents and tourists visiting India while maintaining efficient custome...
Full-Fledged Money Changers (FFMC) are businesses involved in trading foreign exchanges like forex currencies, etc., with prior approval from the Reserve b...
The article provides a guideline for Regulatory Framework of FFMC License. The FFMC license is all about the Fully Fledged Money Changer License. The Forei...
The article describes frequently asked questions on money changing activities. The FEMA has described under section 10 that an authorised bank can act as a...
Money Changing Activities is a process in which an institution transforms physical or electronic currency into another country's currency. Different instit...
The startup ecosystem in India is very energetic and dynamic. Whether it's disruptive technolog...
The importance of NBFCs, or Non-Banking Financial Companies, has increased in the Indian financ...
With the growing popularity of the investment instrument, Alternative Investment Funds (AIFs) h...
The Securities and Exchange Board of India (SEBI) has recently proposed a review of the categor...
The regulatory organizations in the recent years have focused more on efficiency, investor prot...
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