Miscellaneous

Recent Development in Clearing and Settlement Systems in India

In August 2013 the IMF and the World Bank jointly released the Financial Sector Assessment Program Update (Report) assessing the implementation of the CPSS-IOSCO Recommendations for Securities Settlement Systems and for Central Counterparties in India. The Report analyses the clearing & settlement systems for (a) government securities, money market instruments and forex instruments and (b)…

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