French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.
February 22, 2023Entities that are permitted to engage in short selling are eligible to borrow securities under a GSL transaction, which may be a tenor of up to 90 days.
February 21, 2023The RBI said it is engaging with European regulators and discussing "alternate arrangements" to avert a market disruption that could result from ESMA's derecognition of Indian CCPs.
January 6, 2023ESMA decision will block EU banks from dealing with Indian CCPs after 30 April 2023. India faces similar standoffs with UK and Japanese regulators.
November 14, 2022EMIR conditions for recognition are not met because no cooperation arrangements have been concluded between ESMA and the relevant Indian authorities.
November 1, 2022ISDA has responded to CCIL proposals to create a margining and collateral service for non-centrally cleared OTC derivatives trades in India.
October 25, 2022CCIL says market participants have expressed a desire since 2016 for it to provide the centralised infrastructure needed for UMR compliance.
September 29, 2022Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.
March 22, 2022The revised directions are aimed at helping to develop more liquidity in the corporate bond market, especially for the bonds of lower-rated issuers.
February 15, 2022The INR 1.5 trillion limit on FPI investment via the 'Voluntary Retention Route' has been nearly exhausted. The new INR 2.5 trillion limit takes effect on 1 April.
February 11, 2022