Operational Guidelines for Risk Management & Clearing and Settlement in Interoperability framework amongst Clearing Corporations

May 02, 2019 | by Avantis RegTech Legal Research Team

The Bombay Stock Exchange (BSE) on April 30, 2019, notify the members of the Indian Clearing Corporation Ltd. (ICCL) regarding Interoperability framework amongst Clearing Corporations. The registration process for Clearing Members or custodians and the operational guidelines are given in Annexure 1 – “Interoperability Framework and Registration Process & Formats”, and Annexure 2 – “Operational guidelines relating to Risk Management & Clearing and Settlement under the Interoperability Framework amongst Clearing Corporations.”

All the trading members, clearing members or custodians as well as back-office vendors are requested to take note of the necessary changes. For any clarifications, members may contact their respective Relationship Managers.

Click here to download the Notice.



Related Updates

Alternate Text

Get updates on the go on RuleZbook Mobile App.