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RBI releases Draft Variation Margin (Reserve Bank) Directions, 2020 under Section 45 W of the RBI Act, 1934
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....BI releases Draft Variation Margin (Reserve Bank) Directions, 2020 under Section 45 W of the RBI Act, 1934 <br>News and Press Release<br>Dated:- 7-9-2020<br><BR>The Reserve Bank of India today release....
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....d Draft Variation Margin (Reserve Bank) Directions, 2020. Comments on the draft directions are invited from banks, market participants and other interested parties by October 15, 2020. Feedback on th....
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....e draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 9th Floor, Central Office Building Shahid Bhagat Singh Marg, Fort ....
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....Mumbai - 400001 Or by email with subject line "Feedback on Draft Variation Margin (Reserve Bank) Directions, 2020". Background Reserve Bank of India in its Statement on Developmental and Regulatory....
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.... Policies dated February 6, 2020 announced that RBI will issue the directions regarding exchange of variation margin for non-centrally cleared derivatives (NCCDs), following the G-20 recommendations, ....
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....and with a view to improve safety of settlement of over-the-counter (OTC) derivatives that are not centrally cleared. Accordingly, a draft Variation Margin (Reserve Bank) Directions, 2020 is being is....
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....sued for feedback. (Yogesh Dayal) Chief General Manager<BR> News - Press release - PIB....