Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. - SEBI/LAD-NRO/GN/2017-18/026

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<h1>SEBI Renews India International Clearing Corporation Recognition for One Year Under Regulation 12, Benefiting Trade and Public Interest.</h1> The Securities and Exchange Board of India (SEBI) has granted a one-year renewal of recognition to India International Clearing Corporation (IFSC) Ltd under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. This decision, effective from December 29, 2017, to December 28, 2018, is deemed beneficial for trade, the securities market, and public interest. The recognition is subject to compliance with conditions specified by SEBI.

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