Core Settlement Guarantee Fund computation aligned with other segments; excess contributions returnable after regulator approval and implementation required. Alignment of Core Settlement Guarantee Fund computation in the Commodity Derivatives Segment with other segments is mandated; Clearing Corporations may adjust target corpus levels and, with regulatory approval, return excess contributions pro rata to stakeholders. Stock Exchanges and Clearing Corporations must amend bye laws, notify brokers, disseminate the circular, and report implementation status in monthly development reports.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Core Settlement Guarantee Fund computation aligned with other segments; excess contributions returnable after regulator approval and implementation required.
Alignment of Core Settlement Guarantee Fund computation in the Commodity Derivatives Segment with other segments is mandated; Clearing Corporations may adjust target corpus levels and, with regulatory approval, return excess contributions pro rata to stakeholders. Stock Exchanges and Clearing Corporations must amend bye laws, notify brokers, disseminate the circular, and report implementation status in monthly development reports.
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