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The Clearing Corporation of India Limited (“CCIL”) proposes to offer a centralised infrastructure for non-centrally cleared derivatives as regards exchange of both- variation margin and initial margin in India.
CCIL has issued a consultation paper in this regard (“Consultation Paper”) capturing the services like valuation, margin computation, collateral management etc. that it intends to offer under this proposed infrastructure.
Comments on the Consultation Paper is to be provided by 14th October 2022.
For further details, please see:
For any queries / clarifications, please feel free to ping us and we will be happy to chat:
● Ms. Smrithi Nair (Smrithi.email@example.com)● Ms. Mahak Saboo (firstname.lastname@example.org)