πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      For transactions reportable only in India, which entity

      sits at Level 1 of the priority layer waterfall mechanism?
      A Electronic Trading Platform (ETP) Correct Answer Incorrect Answer
      B Mutually Agreed Entity Correct Answer Incorrect Answer
      C Central Counterparty (CCP) Correct Answer Incorrect Answer
      D Trade Repository (CCIL-TR) Correct Answer Incorrect Answer
      E Clearing Member Correct Answer Incorrect Answer

      Solution

      In the priority layer waterfall mechanism for trades reportable only in India, Level 1 is assigned to the Central Counterparty (CCP), provided it is a direct counterparty to the trade.

      Practice Next
      More Risk Management in Banks Questions
      ask-question