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ESMA to derecognise CCIL: Banks, RBI discuss alternative clearing methods – Business Standard

Topics
Clearing corporations | Foreign banks | RBI
Bhaskar Dutta  |  Mumbai 

https://mybs.in/2b2H2SC

Following the decision of European regulators to de-recognise the Clearing Corporation of India, officials and executives of some are said to have discussed the prospects of lenders seeking to establish alternative clearing mechanisms, according to sources.

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First Published: Mon, November 28 2022. 19:20 IST
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Joseph Muongi

Financial.co.ke was founded by Mr. Joseph Muongi Kamau. He holds a Master of Science in Finance, Bachelors of Science in Actuarial Science and a Certificate of proficiencty in insurance. He's also the lead financial consultant.