The Reserve Bank of India (RBI) on Wednesday issued a list of entities that have not been authorised to operate electronic trading platforms (ETPs) for forex transactions. The central bank’s move follows its February 3 statement cautioning the public against undertaking forex transactions on unauthorised ETPs or remit or deposit money for unauthorised forex transactions. Also Read: RBI issues ‘Alert List’ on entities not authorised to deal in forex trading The alert list, comprising 34 entities, is not exhaustive and is based on what is so far known to the central bank. RBI’s statement clarified that an entity not appearing …
