RBI, CCIL urge Japan to drop inspection clause

The Reserve Bank of India (RBI) and Clearing Corporation of India (CCIL), which settles large volumes of trades on bonds, derivatives and foreign exchange, are trying to resolve a standoff with Bank of Japan (BoJ) and Financial Services Agency, Japan (JFSA) which are keen on having inspection rights over CCIL.

from Banking/Finance-Industry-Economic Times https://ift.tt/HzPILC6