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    <title>Shareholding in a recognised limited purpose clearing corporation</title>
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    <description>Regulation 22B imposes statutory shareholding caps in a recognised limited purpose clearing corporation: resident and non-resident persons face a baseline minority restriction, while specified domestic and foreign institutional or market infrastructure entities may hold up to a higher permitted stake. A separate aggregate limit constrains total non-resident ownership, and founding shareholders are subject to a mandatory lock-in period from the date of recognition by the Board.</description>
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      <description>Regulation 22B imposes statutory shareholding caps in a recognised limited purpose clearing corporation: resident and non-resident persons face a baseline minority restriction, while specified domestic and foreign institutional or market infrastructure entities may hold up to a higher permitted stake. A separate aggregate limit constrains total non-resident ownership, and founding shareholders are subject to a mandatory lock-in period from the date of recognition by the Board.</description>
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