https://www.taxtmi.com/circulars?id=67033 SEBI requires Recognized Clearing Corporations and Depositories to implement the 24 PFMI principles to strengthen legal basis, governance, and comprehensive risk management frameworks. CCPs face quantitative obligations on credit, collateral, margin, and liquidity and must adopt default management, segregation and portability, and sufficient financial resources for extreme but plausible stress scenarios. FMIs must undertake periodic self assessment and public disclosure-quarterly for quantitative and annually for qualitative items-while the ROC performs annual monitoring and reports to the board and SEBI. FMIs must amend rules, implement systems, and publish disclosures on their websites. en-us Tue, 19 Dec 2023 00:00:00 +0530 Tue, 19 Dec 2023 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67033 SEBI requires Recognized Clearing Corporations and Depositories to implement the 24 PFMI principles to strengthen legal basis, governance, and comprehensive risk management frameworks. CCPs face quantitative obligations on credit, collateral, margin, and liquidity and must adopt default management, segregation and portability, and sufficient financial resources for extreme but plausible stress scenarios. FMIs must undertake periodic self assessment and public disclosure-quarterly for quantitative and annually for qualitative items-while the ROC performs annual monitoring and reports to the board and SEBI. FMIs must amend rules, implement systems, and publish disclosures on their websites. Circulars SEBI Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67033