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Credit default swaps to be reported in 30 minutes with deal intent: RBI

The Reserve Bank of India (RBI) on Tuesday said all over-the-counter credit default swaps (OTC-CDS) transactions should be reported within 30 minutes of the transactions to the trade repository, clearly marking the purpose of the transaction, whether itโ€™s for hedging or not. The trade repository will be run by the Clearing Corporation of India Ltd. (CCIL). "In case a market participant assigns a CDS contract to any other market participant, the market-maker in the assigned contract shall r...
Derivatives Association Of India Clearing Corporation Of India Ltd Reserve Bank Clearing Corporation Income Money Market Derivatives Association

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