Renewal of recognition granted to a clearing corporation, subject to SEBI compliance conditions and regulatory oversight. SEBI granted renewal of recognition to National Securities Clearing Corporation Ltd. under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, exercising powers under section 4 read with sub section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, for the one year period commencing 3rd October, 2016 and ending 2nd October, 2017, subject to stated conditions and any conditions SEBI may prescribe; the Clearing Corporation must comply with conditions specified by SEBI.
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Renewal of recognition granted to a clearing corporation, subject to SEBI compliance conditions and regulatory oversight.
SEBI granted renewal of recognition to National Securities Clearing Corporation Ltd. under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, exercising powers under section 4 read with sub section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, for the one year period commencing 3rd October, 2016 and ending 2nd October, 2017, subject to stated conditions and any conditions SEBI may prescribe; the Clearing Corporation must comply with conditions specified by SEBI.
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