Monday February 17 2020
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: United Arab Emirates
Link: https://bit.ly/2SVhM90
On 14th February 2020, the Securities and Commodities Authority (SCA) confirmed that Dubai Commodities Clearing Corporation (DCCC) as an SCA licensed Central Clearing-Counterparty (CCP).
DCCC is also recognised by the European Securities and Markets Authority (ESMA), the regulatory body for the EU, and the Financial Services Regulatory Authority (FSRA), the regulator of the Abu Dhabi Global Market (ADGM). It is also a Primary Member of CCP12, a global association of 37 members representing over 50 individual CCPs.
Click on the above link for further information.