The Central Counterparties (Equivalence) (India) (Reserve Bank of India) Regulations 2023 as regards an equivalence determination for Indian central counterparties were published on legislation.gov.uk, the official platform of the UK government for publicizing legal texts. In the regulations the HM Treasury recognizes that the rules and regulations put in place by the Reserve Bank of India for the supervision of Indian central counterparties are considered to be equivalent to those of the UK and that Indian CCPs must comply with a similar set of requirements in India as UK CCPs must in UK under Title IV of Retained Regulation (EU) 648/2012, the Retained European Market Infrastructure Regulation (UK EMIR).
The equivalence determination applies to any Indian CCP that is authorized by the Reserve Bank of India and designated as a „financial market infrastructure“.
The Central Counterparties (Equivalence) (India) (Reserve Bank of India) Regulations 2023
ID
23599
Other Features
banks
CCPs
clearing
Derivatives
OTC derivatives
post trading
regulatory
supervisory practices
Date Published: 2023-06-06
Date Taking Effect: 2023-06-28
Regulatory Framework: Retained European Market Infrastructure Regulation (UK EMIR)
Regulatory Type: regulation
ID 26541
The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations ...
ID 26537
On December 22, 2023, a correction slip to the new Money Laundering and Terrorist Financin ...
ID 26469
The new Pensions Dashboards (Prohibition of Indemnification) Act 2023 (Commencement) Regul ...
ID 26391
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Orde ...
You are on the training version of RISP core with limited functions and data.
Please subscribe to RISP core for professional or academic use. We supply free real time datasets for approved academic research; professional subscriptions start at 950€ plus VAT per annum.