SEBI restricts activities of clearing corporations


The Securities and Exchange Board of India vide notification dated 1st November, 2022 has clarified that Clearing Corporations shall not undertake any activity except that of clearing and settling transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognized stock exchange.

This notification shall be deemed to have come into force with effect from the 17th day of January, 2022.

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