This could put pressure on European Securities and Markets Authority (ESMA) which has derecognised CCIL. The standoff between RBI and European financial regulators stems from the latter’s demands which the Indian central bank believes is extra-territorial.
Sebi proposes to widen foreign investors’ access to non-agricultural commodities derivatives
Sebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional participation and market liquidity. Safeguards ensure FPIs