EU and Indian regulators to share information on CCPs
On July 20, the European Securities and Markets Authority and the Securities and Exchange Board of India established a memorandum of understanding on the oversight of central counterparties, including the exchange of information. The MoU follows the decision by the European Commission last December that the legal and supervisory framework for CCPs in India is equivalent to that in the European Market Infrastructure Regulation, which paved the way for market participants in Europe to access clearinghouses in India.
