SEBI notifies qualified financial market participants under Bilateral Netting of Qualified Financial Contract Act, 2020.

The Securities and Exchange Board of India on 12th May 2021 has notified Mutual Fund and Alternative Investment Fund registered with SEBI shall be the qualified financial market participants who shall enter into qualified financial contracts.

As per Section 4(b) of Bilateral Netting of Qualified Financial Contract Act, 2020, the relevant authority may by notification, specify any entity regulated by it, as a qualified financial market participant to deal in qualified financial contracts.

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