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Daily Financial Regulation Update -- Wednesday, December 20 2023 | Paul Hastings LLP

December 19, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike.

New yorkUnited statesChristopherj wallerMichael barrMiguel cardonaMichael hsuAdrianad kuglerSarah breedenAndrea gackiJonathan mckernanMichellew bowmanJeromeh powellIsabella casillas guzmanGary genslerMartin gruenbergPhillipn jefferson

RBI, Bank of England ink pact on sharing info related to Clearing Corporation

RBI, Bank of England ink pact on sharing info related to Clearing Corporation
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City ofUnited kingdomT rabi sankarSarah breedenClearing corporation of india limitedClearing corporationIndia limitedCentral counterpartyGovernort rabi sankarBoe deputy governorFinancial stability sarah breeden

RBI, BoE sign pact for cooperation, information exchange related to CCIL

The Reserve Bank of India (RBI) and the Bank of England on Friday signed an initial pact for cooperation and exchange of information related to Clearing Corporation of India Ltd (CCIL). The Memorandum of Understanding (MoU) establishes a framework for the Bank of England (BoE) to place reliance on

United kingdomCity ofT rabi sankarSarah breedenClearing corporation of india ltdReserve bankClearing corporationIndia ltdCentral counterpartyUnited kingdom basedGovernort rabi sankarBoe deputy governorFinancial stability sarah breedenOe sign pact for cooperationNformation exchange related to ccil

RBI, Bank of England sign MoU for cooperation in CCIL issue

ESMA's action came after the RBI did not allow it to supervise domestic CCPs, which were providing clearing services

United kingdomT rabi sankarSarah breedenShaktikanta dasIndian ccpsEuropean unionEuropean securitiesMarkets authorityCentral counterpartyUnited kingdom basedStandard charteredGovernort rabi sankarBoe deputy governorFinancial stability sarah breedenBank of englandCil issue

RBI, Bank of England sign MoU on information exchange

The MoU establishes a framework for the BoE to place reliance on RBI’s regulatory and supervisory activities while safeguarding UK financial stability, the RBI said.

United kingdomT rabi sankarSarah breedenClearing corporation of indiaReserve bankClearing corporationCentral counterpartyGovernort rabi sankarBoe deputy governorFinancial stability sarah breeden