https://www.taxtmi.com/circulars?id=57757 Interoperability among clearing corporations requires recognised CCPs (excluding IFSCs) to enable consolidation of clearing across trading venues via peer-to-peer links under bilaterally approved risk frameworks or, where directed, participant links subject to host CCP rules. Inter-CCP collateral must cover exposures through prescribed margins and additional capital held in segregated accounts, settlement shall occur through multilateral netting on the rolling T+2 schedule, and default handling will follow the prescribed default waterfall. Multipartite agreements must address risk, settlement, surveillance, data sharing and dispute resolution. en-us Tue, 27 Nov 2018 00:00:00 +0530 Wed, 28 Nov 2018 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57757 Interoperability among clearing corporations requires recognised CCPs (excluding IFSCs) to enable consolidation of clearing across trading venues via peer-to-peer links under bilaterally approved risk frameworks or, where directed, participant links subject to host CCP rules. Inter-CCP collateral must cover exposures through prescribed margins and additional capital held in segregated accounts, settlement shall occur through multilateral netting on the rolling T+2 schedule, and default handling will follow the prescribed default waterfall. Multipartite agreements must address risk, settlement, surveillance, data sharing and dispute resolution. Circulars SEBI Tue, 27 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57757