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European Securities authority approves recognition for India clearing corporation

Posted on June 30, 2026
By Business News Today
0 Views
1 min read

European Securities authority approves recognition for India clearing corporation

The European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolonged dispute. This groundbreaking approval allows the Clearing Corporation of India Ltd (CCIL) to operate under the Reserve Bank of India's regulations, an important advancement for European banks. By signing a memorandum of understanding, this resolution avoids possible capital adequacy complications for those financial institutions.