All posts tagged "GIFT City"
-
362EuropeESMA Recognises India’s MCX Clearing Corp as Third Country CCP
The recognition allows European participants to apply lower risk weights on their exposures to MCX CCL, which will translate to lower capital requirements.
December 10, 2019 -
309IndiaSEBI Lists Permissible Jurisdictions for Depository Receipts Issuance
Indian companies will be allowed to issue depository receipts on exchanges in the US, Japan, Korea, the UK, France, Germany, Canada, and India’s own international financial centre known as Gift City.
December 2, 2019 -
489India
SEBI Allows Indian Firms to Issue Depository Receipts
Domestically listed companies will be allowed to issue depository receipts on certain international bourses as well as on GIFT City exchanges.
October 12, 2019 -
575IndiaRBI Task Force Suggests Enhancements to Onshore Rupee Market
The task force recommends implementation of margin requirements for non-centrally cleared OTC derivatives “at the earliest”.
August 10, 2019 -
551FeatureSGX-NSE GIFT City Trading Link Receives Regulatory Approval
The so-called ‘NSE IFSC-SGX Connect’ is set to become operational by end-2020, ending a dispute between the two exchanges.
August 7, 2019 -
476IndiaIndia Proposes Additional GIFT City Tax Incentives
Existing tax incentives have been extended to 10 years from 5 years. New exemptions for dividend distribution tax and alternate investment funds also proposed.
July 8, 2019 -
701IndiaESMA Recognises NSE IFSC Clearing Corp as Third Country CCP
The recognition ensures European participants can apply lower risk to trade exposures to NSE IFSC Clearing Corporation and thus benefit from lower capital requirements.
July 2, 2019 -
588IndiaIndia INX Launches Trading Platform for Green Bonds
BSE-owned India INX has listed the bonds of three Adani-group subsidiaries on its new green bonds platform.
June 17, 2019 -
602India
ESMA Recognises India ICC as Third Country CCP
The recognition gives India ICC QCCP status across the European Union. QCCP members are subjected to lower capital requirements/charges under Basel III.
May 15, 2019 -
716Capital Regulation
SEBI Cuts Net Worth Requirements for Gift City Clearing Corporations
SEBI slashes minimum net worth requirements for clearing corporations operating in India's international financial services centre from 3 billion to 1 billion rupees.
April 29, 2019
