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CCP12 Responds To The Request For Information And Comment On The Swap Clearing Requirement

<p><span>The Global Association of Central Counterparties (&ldquo;CCP12&rdquo;) appreciates the opportunity to contribute to the request for information and comments by the Commodity Futures Trading Commission (&ldquo;Commission&rdquo; or &ldquo;CFTC&rdquo;) -&nbsp;</span><b>Swap Clearing Requirement To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates&nbsp;</b><span>(RIN 3038&ndash;AF18)</span></p> ....

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RBI to allow banks to infuse capital in overseas branches without its prior permission

Reserve Bank of India (RBI) on Wednesday said banks will be allowed to infuse capital in their overseas branches as well as repatriate profits without seeking its prior approval, subject to fulfilling of certain regulatory capital requirements. At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries, retain profits in these ....

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