SEBI Renews AMC Repo Clearing Limited's Recognition for One Year Under Regulation 12, Enhancing Securities Market Operations.

The Securities and Exchange Board of India (SEBI) has renewed the recognition of AMC Repo Clearing Limited for one year, from January 17, 2023, to January 16, 2024. This decision, under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, aims to benefit trade, the securities market, and the public. AMC Repo Clearing Limited is authorized to continue its activities of clearing and settling transactions in repo and reverse repo in debt securities on recognized stock exchanges, subject to compliance with SEBI's rules and conditions.