Metropolitan Clearing Corporation India recognised as Third-Country Counterparty by Bank of England

By Accommodation Times Bureau MUMBAI: Metropolitan Clearing Corporation of India Ltd (MCCIL), an arm of Metropolitan Stock Exchange of India, has become the first SEBI recognised clearing corporation in the country to receive recognition as a Third-Country Central Counterparty (TC-CCP) by Bank of England. The recognition, granted under the United Kingdom's Temporary Recognition