Tag Archives: Clearing Corporations

Guidelines for functioning of Stock Exchanges & Clearing Corporations in IFSC ( International Financial Services Centre )

By | November 29, 2016
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CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2016/125 November 28, 2016 All Stock Exchanges and Clearing Corporations in International Financial Services Centre Dear Sir/Madam Guidelines for functioning of Stock Exchanges and Clearing Corporations in International Financial Services Centre (IFSC) 1. Pursuant to announcement in the Union Budget 2015-16 on Gujarat International Finance Tec-City (GIFT), SEBI (International Financial Services Centre) Guidelines, 2015… Read More »

Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations

By | July 16, 2016
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Source : SEBI Circular No. CIR/MRD/DRMNP/65/2016 Dated: July 15, 2016 To All recognized Clearing Corporations Dear Sir / Madam, Sub: Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations 1) Currently, Fixed Deposit Receipts of banks are accepted by Clearing Corporations as eligible collateral from the participants. 2) It is observed that some banks who… Read More »