As far as reporting of derivative transactions is concerned, a system has already been put in place wherein the banks are required to report the aggregate details of transactions in forward contracts, currency swaps and currency options to the Reserve Bank of India periodically.
2/3  BIS central bankers' speeches  We have on the one hand our existing toolbox. It always is useful if you look at the toolbox again in terms of what is possible from the point of view of a new application. Then you can see that a lot can be done already.