Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits
Circular Dated 02.05.2016
SEBI had also constituted an expert Committee on Clearing Corporations, to examine, the issues pertaining to
(a) Investment Policy of a Clearing Corporation,
(b) Liquid assets for calculation of Net worth of a Clearing Corporation, and
(c) Regulation 33 of SECC Regulations on ‘Transfer of Profits’.
The Clearing Corporations are advised to comply with certain recommendations of SEBI.
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