| Notification Detail :
RBI/2024-2025/85
DPSS.CO.RLVPD.No.S789/02.07.038/2024-25
October 28, 2024
Central Counterparties authorised by RBI /
Central Counterparties seeking authorisation from RBI /
Foreign Central Counterparties seeking recognition from RBI
Madam / Dear Sir,
Directions for Central Counterparties (CCPs)
Please refer to the circular DPSS.CO.OD No.2565/06.08.005/2018-2019 dated June 12, 2019 prescribing the directions relating to capital requirements and governance framework for CCPs as also providing a framework for recognition of foreign CCPs.
2. Based on a periodic review of the Directions for CCPs, the updated directions governing the functioning of CCPs are given in the Annex.
3. The Direction for Central Counterparties dated June 19, 2019 stands repealed.
Yours faithfully
(Sudhanshu Prasad)
Chief General Manager
Encl.: As above
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