Qualified Central Counterparties in Securities Market
National Securities Clearing Corporation Limited (NSCCL), Indian Clearing Corporation Limited (ICCL) and MCX-SX Clearing Corporation Limited (MCX-SXCCL) are the Qualified Central Counterparties (QCCPs) in the Indian Securities Market jurisdiction. These clearing corporations have qualified as QCCPs in view of the fact that these are regulated by Securities and Exchange Board of India (SEBI) under SEBI… Read More
Tags: Capital market, Financial Market Infrastructure, Financial Stability Board, International Organization of Securities Commissions, IOSCO, Regulation, Securities & Exchange Board of India, Security (finance)
Excerpts from SEBI Board Meeting
The SEBI Board met in Mumbai today and took the following decisions: 1. The Amendment to Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 The Securities Laws (Amendment) Ordinance, 2013 provides for regulation of pooling of funds under any scheme or arrangement, involving a corpus amount of one hundred crore rupees or… Read More
Tags: Collective investment scheme, Financial Stability Board, Mumbai, National Housing Bank, Search and seizure, SEBI, Securities & Exchange Board of India, Shelf registration
RBI seeks Comments on Draft Framework for dealing with Domestic Systemically Important Banks (D-SIBs)
The Reserve Bank of India today released on its website, the draft framework for dealing with Domestic Systemically Important Banks (D-SIBs). The Reserve Bank has sought views/comments on the document from banks, other institutions and the public at large. Suggestions and comments on the draft framework may be sent to the Principal Chief General Manager, Reserve Bank… Read More
Tags: Basel Committee on Banking Supervision, Central Office Building, Financial Stability Board, Mumbai, Reserve Bank, Reserve Bank of India, Run batted in, Systemically important financial institution
RBI issues Policy Document for Regulation and Supervision of Financial Market Infrastructures
The Reserve Bank of India has today released a policy document on Regulation and Supervision of Financial Market Infrastructures regulated by RBI. The policy on supervision and regulation of the Financial Market Infrastructures regulated by RBI regulated by the Reserve Bank describes in detail the criteria for designating an FMI, applicability of PFMIs to the FMIs, oversight of… Read More
Tags: CCIL, Financial Stability Board, India, International Organization of Securities Commissions, IOSCO, Regulation, Reserve Bank, Reserve Bank of India
7th Meeting of the Financial Stability and Development Council
Reviews The Position of Asset Quality and Capital Adequacy of The Banking System in the Country, National Strategy for Financial Education and the Recommendations of The Financial Sector Legislative Reforms Commission Among Others The Financial Stability and Development Council (FSDC) reviewed the position of asset quality and capital adequacy of the banking system in the… Read More
Tags: Basel III, Finance Secretary, Financial Sector Legislative Reforms Commission, Financial Stability and Development Council, Financial Stability Board, FSDC, India, Run batted in
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