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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...
Under Section 10 of the Foreign Exchange Management Act, 1999[1], the Reserve Bank of India authorizes entities to deal in foreign exchange for specific pu...
Full-Fledged money changers are also known by the name of Authorized Money Changers, which are the entities authorized by the Reserve Bank of India under S...
FFMC License is mandatory for all types of currency exchange business in India. This license is regulated by the RBI. Hence, it is important to know RBI Gu...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
Hong Kong is widely recognized as a leading global business hub, known for its free-market econ...
With India’s growing economy, Non-Banking Financial Companies (NBFCs) have expanded significa...
With the rise of digitalization, the global cryptocurrency market is expanding at an unpreceden...
Non-Banking Finance Companies (NBFCs) are an integral part of India's financial system as they...
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