The Clearing Corporation of India Limited (CCIL) has received the European Securities Markets Authority (ESMA) recognition as a Third Country CCP (central counterparty), the RBI backed clearing and settlement company said in a statement.
"The Clearing Corporation of India Limited is recognized as a Tier 1 TC-CCP by ESMA in accordance with Article 25 of Regulation (EU) No 648/2012, to provide services to clearing members and trading venues established in the European Union. The recognition is effective from 30th June, 2026," CCIL said in a short statement on its website.