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Settlement Guarantee Fund

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Full Text of the Document

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....es Centres Authority (Market Infrastructure Institutions) Regulations, 2021<br>31. Settlement Guarantee Fund (1) A recognised clearing corporation shall establish and maintain a Settlement Guarante....

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Full Text of the Document

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....nt. (4) The corpus of the fund shall be adequate to meet the settlement obligations arising on account of failure of clearing member(s). (5) The sufficiency of the corpus of the fund shall be te....