Revision in computation of Core Settlement Guarantee Fund in Commodity Derivatives Segment

LegalitySimplified

SEBI vide circular dated May 23, 2023 has directed the Clearing Corporations in Commodity Derivatives Segment to align their core SGF in terms of SEBI circulars dated August 27, 2014 as well as July 11, 2018.

Excess contribution, if any, may be returned to the contributing stakeholders on a pro-rata basis, after taking due approval from SEBI.

The circular shall come into effect from June 01, 2023.

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