ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

  • google app store apple app store
  • тЬЦ

      Question

      For transactions reportable only in India, which layer

      is designated as Level 4 in the waterfall generation mechanism?
      A Central Counterparty (CCP) Correct Answer Incorrect Answer
      B Mutually Agreed Entity Correct Answer Incorrect Answer
      C CCIL-TR (Clearing Corporation of India Limited - Trade Repository) Correct Answer Incorrect Answer
      D Electronic Trading Platform (ETP) Correct Answer Incorrect Answer
      E Clearing Member Correct Answer Incorrect Answer

      Solution

      Under the domestic waterfall mechanism, when a trade does not have its UTI generated by a CCP, ETP, or mutually agreed entity, the final fallback layer (Level 4) is CCIL-TR, which acts as the Trade Repository.

      Practice Next
      More Risk Management in Banks Questions
      ask-question