Q. Which country/region’s regulator derecognised six Indian central counterparties?
Answer:
European Union
Notes: The European Securities and Markets Authority (ESMA), the European Union (EU’s) financial markets regulator and supervisor, has derecognised six Indian central counterparties (CCPs).
These six CCPs are The Clearing Corporation of India (CCIL), Indian Clearing Corporation Ltd (ICCL), NSE Clearing Ltd (NSCCL), Multi Commodity Exchange Clearing (MCXCCL), India International Clearing Corporation (IFSC) Ltd (IICC) and NSE IFSC Clearing Corporation Ltd (NICCL).