The European Securities and Markets Authority (ESMA) has proposed less-stringent rules on inspecting and penalising Indian financial market institutions such as the Clearing Corporation of […]
Tag: CCIL
RBI meets foreign banks over ESMA tussle
The Reserve Bank of India (RBI) has asked select foreign banks to approach their respective regulators and draft letters requesting that European bodies drop requirements […]
RBI, CCIL urge Japan to drop inspection clause
The tussle between Indian financial market regulators and their peers in developed countries over ‘extra-territorial jurisdictions’ is playing out on multiple fronts, leaving a dozen […]