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<h1>Regulation 22G mandates limited purpose clearing corporations to follow regulations and RBI directions, consulting RBI for conflicts.</h1> Regulation 22G of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 mandates that a limited purpose clearing corporation must comply with these regulations and any directions from the Reserve Bank of India (RBI). When there are differing compliance requirements between these regulations and RBI directions, the applicable requirements for the clearing corporation will be determined after consulting with the RBI. This provision was inserted through a notification dated August 11, 2022.