Capital markets regulator Sebi on Monday put in place a dispute resolution mechanism for Limited Purpose Clearing Corporation (LPCC) to settle disputes and claims arising out of transactions cleared by it. The mechanism will be used to settle disputes between clearing members; contention between the clearing members and their clients; differences between the LPCC and its vendors; and disputes between clearing members or its clients and the LPCC. The new framework would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular. LPCC is an entity established to undertake the activity of clearing and settlement of repo transactions. A well-funct
Hence then, the article about market regulator sebi comes out with dispute resolution mechanism for lpcc was published today ( ) and is available onBusiness Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Market regulator Sebi comes out with dispute resolution mechanism for LPCC )