Condonation of Delay denied: communication lapses and corporate restructuring found insufficient; prolonged inaction and lack of bona fides led to ref...
Page of 4811
Press 'Enter' after typing page number.
5961 to 5980 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Amendment revises Core Settlement Guarantee Fund coverage for the commodity derivatives segment to require clearing corporations to calculate credit exposure for standardized stress tests based on the simultaneous default of at least three clearing members (and their associates) causing highest credit exposure, replacing the prior two-member scenario and related provision. The circular also adds a provision permitting SEBI to grant case-by-case exemptions or relaxations from SGF requirements after considering market conditions and adequacy of risk management, and it takes immediate effect.
Amendment revises Core Settlement Guarantee Fund coverage for the commodity derivatives segment to require clearing corporations to calculate credit exposure for standardized stress tests based on the simultaneous default of at least three clearing members (and their associates) causing highest credit exposure, replacing the prior two-member scenario and related provision. The circular also adds a provision permitting SEBI to grant case-by-case exemptions or relaxations from SGF requirements after considering market conditions and adequacy of risk management, and it takes immediate effect.
Note: It is a system-generated summary and is for quick reference only.