NISM Series IV: Currency Derivatives Certification Exam Notes

Page 84 Of 100

Go to:

  • 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 Interest Rate Derivatives

MODELEXAM MODELEXAM®