EU Bank-CCIL trades get a business passSociete Generale, BNP Paribas, and Credit Agricole have received an extension from the Autorite des Marches Financiers (AMF) of France to c...
09 Oct, 2024, 05.50 AM IST
India, EU in negotiations as October deadline on oversight loomsIndian and European regulators are working to resolve clearing house oversight issues. If not resolved by October's end, European banks mus...
04 Oct, 2024, 03.26 PM IST
EU banks expect India bond trades to go onFour European banks expected permission from their national regulators to continue trading with India’s Clearing Corporation despite an imm...
19 Aug, 2024, 07.46 AM IST
EU banks likely to seek more time for CCIL trade cut-offDeutsche Bank, BNP Paribas, Credit Agricole, and Societe Generale request a six-month extension from BaFIN and AMF for the October 2024 CCI...
05 Jul, 2024, 07.52 AM IST
Four European Union banks seek RBI nod for clearing model"There was a meeting last month between the heads of four European banks and top RBI officials. The banks have sought the RBI's approval on...
28 May, 2024, 06.00 AM IST
SBI, ICICI may act as third-party liaisons for European banksThe proposal for local banks to carry out third-party clearing for the European banks comes on the back of a decision by the European Secur...
11 Apr, 2024, 01.07 AM IST
4 banks to move home regulators for extension of ESMA deadlineThey said Deutsche Bank, BNP Paribas, Credit Agricole and Societe Generale are likely to make requests to German and French financial autho...
10 Apr, 2024, 05.38 AM IST
ESMA, RBI in talks to reach pact compliant with EU regulationsThe matter pertains to the Clearing Corporation of India - the Reserve Bank of India (RBI)-supervised body that hosts the platform for trad...
22 Jan, 2024, 08.41 AM IST
ESMA likely to seek board help to resolve stalemate with RBIThe developments come at a time when European banks are shelling out hefty sums as central counterparty exposures for dealing with the Clea...
19 Jan, 2024, 06.28 AM IST
Deutsche Bank's risk capital soars by Rs 1 billion in last qtrThe massive increase in risk-weighted assets (RWA) for the German banking giant, which plays a major role in handling overseas investment f...
07 Dec, 2023, 07.46 AM IST
ESMA pitches '17 MoU with RBI for clearing housesThe European Securities and Markets Authority (ESMA) has reportedly proposed to the Reserve Bank of India (RBI) to continue their existing ...
22 Sep, 2023, 12.13 AM IST
No impact of ESMA move on local bond tradingThe de-recognition by European regulators of the Clearing Corporation of India (CCIL) did not cause any disruptions in government bond trad...
03 May, 2023, 07.12 AM IST
RBI meets foreign banks over ESMA tussleThe move is a fresh step in resolving the issue surrounding the European Securities and Markets Authority's (ESMA) decision to de-recognise...
20 Apr, 2023, 12.47 AM IST
RBI's said to be open to new MoU if EU regulators soften audit stanceA meeting late last month between senior officials of the Reserve Bank of India (RBI) and European banks was the ice-breaker in protracted ...
13 Apr, 2023, 01.08 AM IST
Finance lobbies call on India and EU to cut a deal amid RBI-ESMA rift over clearing housesThe standoff between Indian authorities and ESMA stems from the Reserve bank of India's refusal to accept ESMA's demand to inspect, and eve...
10 Feb, 2023, 06.24 AM IST
Indian financial regulators may rebuff Europe demands: SourcesThe European Securities and Market Authority (ESMA), the EU's financial markets regulator and supervisor, in accordance with the European M...
10 Nov, 2022, 07.33 AM IST
- Striking Air India pilots remain defiant on day 3
Pilots of national carrier Air India struck work for the third day amid threat of mass sacking, partial lock-out and invoking of ESMA.
30 Apr, 2011, 01.55 AM IST