ICCL notified the Norms for acceptable

Nov 01, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Indian Clearing Corporation Limited (ICCL) on October 31, 2024, issued the notification regarding the Norms for acceptable collaterals and exposure of Clearing Corporations.

The following has been stated namely: -

• ICCL requests members to take note of the revised list of banks which are eligible regarding the “Norms for acceptable collaterals and exposure of Clearing Corporations” as on October 31, 2024.

Please refer to the notification for the list of banks.

[Notification No. 20241031-45]