Supreme Court: Rape Conviction Possible Without S.376 Charge if POCSO Case Fails on Age Proof || SC: Mere Long Possession Can't Establish Adverse Possession; Hostile Intent is Required || Supreme Court Finds Gaps in FSSAI’s Proposed Warning Labels for Foods High in Fat, Sugar and Salt || Supreme Court Quashes ITS Officer's 'Deadwood' Retirement, Orders Rs. 15 Lakh Payment || Uttarakhand HC: District Magistrate to Establish Public Helpline within 24 Hrs amid Water Pollution || Allahabad HC: Custodial Violence and Molestation Are Crimes, Not Police Duty || Gujarat High Court: Bombay Public Trust Registration is Covered by Section 43 of the Waqf Act || J&K&L HC: Advocates not Above Law, No Immunity from Lawful Police Inquiry || Gauhati HC: Talaq-e-Hasan Valid, Requires Registration under Assam Marriage Act || NCLAT: NCLT President Empowered to Transfer Cases from One Bench to Another

Settlement System under Asian Clearing Union- (Reserve Bank of India) (30 Jun 2016)

MANU/APDR/0043/2016

Banking

The Reserve Bank of India has temporarily suspended the Asian Clearing Union - Euro payment channel from 1 July 2016.

The move comes as the payment channel for processing ACU Euro transactions is reviewed. In the meantime, eligible transactions in Euro are permitted to be be settled outside the ACU mechanism.

Relevant : Settlement system under ACU Mechanism MANU/APDR/0128/2008

Tags : ACU EURO SETTLEMENT SYSTEM SUSPENDED

Share :