NISM Series XIII Common Derivatives Certification Exam Notes

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  • Accounting Standards: Align with Ind AS for derivatives.
  • Speculative Transactions: Taxed differently from hedging.
  • Fair Value Gains: Recognized in profit and loss statements.
  • Hedge Documentation: Required for hedge accounting compliance.
  • Tax Reporting: Mandatory for ETIRD transactions.

NISM Common Derivatives

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