CCIL issued a notification regarding its contribution towards pre-funded default handling resources

May 03, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Clearing Corporation of India Ltd (CCIL) on May 02, 2024, issued a notification regarding its contribution towards pre-funded default handling resources.

The following has been stated: -

•In furtherance of notification no. RMD/SIG/18/002 dated December 03, 2018, members are advised that tranche 1 and tranche 2 of CCIL’s contribution for meeting losses on account of participant(s) default during the month of May 2024 shall be as given below.

[Notification No. RMD/SIG/24/02]

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