RBI mandates reporting of all over-the-counter (OTC) gold derivative transactions by banks and their customers to CCIL’s trade repository starting February 1, 2025. This includes transactions in domestic markets, IFSC, and overseas. Amendments and unwinding of transactions must also be reported. Banks must additionally report all matured and outstanding gold derivatives from April 15, 2024, to February 28, 2025. Quarterly reports on gold derivatives traded at exchanges in IFSC and overseas by banks or their customers must be submitted within 10 days of the succeeding Quarter, starting Quarter ending December 31, 2024, within 10 days of the succeeding. Formats for reporting will be specified by CCIL with prior RBI approval.
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