RBI and ESMA sign a new MoU on Central Counterparties (CCPs), enabling regulatory reliance and information sharing. A key step for cross-border financial stability and Indian CCPs' EU access.

With the signing of the MoU, European banks can now comfortably clear and settle their clients transactions on the CCIL.

The RBI and Europe’s markets regulator ESMA signed an MoU to strengthen cooperation on central counterparties, clearing the way for CCIL to reapply for recognition under EU regulations.

“It allows the Clearing Corporation of India Ltd (CCIL), a CCP established in India and supervised by the RBI, to reapply for ...

New ESMA-RBI agreement restores EU access to Indian central counterparties amid strengthening trade ties.

MUMBAI, Jan 27 (Reuters) - India's central bank and the European Securities and Markets Authority have signed a memorandum of understanding, ending a two-year standoff over supervisory oversight of ...

The Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, signed a Memorandum of Understanding (MoU) on Tuesday to ...

Currently, fintechs operating in the segment are not directly regulated by the RBI, with partner banks assuming responsibility for the actions of the companies they contract ...

RBI governor Sanjay Malhotra said that the regulator plans to increase offsite surveillance of banks in real-time. Historically, RBI has been .

In its 103-page report, the RBI urged India’s financial sector to focus on building a strong AI infrastructure, including indigenous financial sector-specific AI models, to responsibly embrace ...