Regulatory Alerts2026-03-16
Review of Coverage of Settlement Guarantee Fund for Commodity Derivatives Segment
The Securities and Exchange Board of India (SEBI) has modified the Standardized Stress Testing norms for the Core Settlement Guarantee Fund in the commodity derivatives segment to facilitate the Ease of Doing Business. Clearing Corporations are now required to calculate credit exposure based on the simultaneous default of at least three clearing members, replacing the previous requirement of two members. Additionally, SEBI has introduced a provision allowing for case-by-case exemptions or relaxations from strict SGF enforcement based on prevailing market conditions and risk management adequacy.
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