TY - JOUR
AU - Upadhyay, Divya
AB - Capital Markets Law Journal, 2024, 19, 298–314 https://doi.org/10.1093/cmlj/kmae006 Advance access publication 22 May 2024 Article India’s central counterparty investment policy: pirouetting between the EU and the USA? Parameswaran Chidamparam and Divya Upadhyay* Parameswaran Chidamparam, Editor-in-Chief, NUALS Law Journal, India. Divya Upadhyay, Senior Editor, NUALS Law Journal, India. We are extremely grateful to Mr. Aditya Yadav and Ms. Neha Maria Antony for reviewing previous versions of this manuscript. All errors are our own. Key points Post the Lehmann Brothers Crash in 2008, the G20 countries came together through the Committee on Payments and Market Infrastructures (CPSS) and put forth principles on the regulation of clearing corporations. This article examines the extent to which India’s Capital Markets Regulator, the Securities and Exchange Board of India (SEBI), has taken into account the CPSS’s recommendations on investments by clearing corporations in light of SEBI’s Consultation Paper on Prudential Norms for Clearing Corporations. A detailed examination of the approaches of the EU and the USA towards regulating investments by clearing corporations is undertaken in the backdrop of the financial crisis of 2008. Ultimately, the article concludes that India’s approach towards regulation has not been as robust and detailed as it could be and discusses 
TI - India’s central counterparty investment policy: pirouetting between the EU and the USA?
JO - Capital Markets Law Journal
DO - 10.1093/cmlj/kmae006
DA - 2024-05-22
UR - https://www.deepdyve.com/lp/oxford-university-press/india-s-central-counterparty-investment-policy-pirouetting-between-the-0xTrwq5OI4
SP - 298
EP - 314
VL - 19
IS - 3
DP - DeepDyve
ER -