Attention of the Trading Members is drawn to SEBI circular no. MRD/DoP/SE/Dep/Cir-14/2007 dated December 20, 2007 and circular no. SMD/POLICY/SL/Cir-09/07 dated May 07, 1997 wherein SEBI has advised that the clients dealing in Securities Lending and Borrowing (SLB) Segment of the Exchange are required to be registered with the Exchange and Unique Client Code allotted to the clients shall be mapped to the PAN of respective clients.
In order to effectively implement the aforesaid provisions, PAN of the clients shall be treated as UCC for Non Institutional Clients. In case of Institutional Clients, UCC shall be the same as allotted by the Exchanges for dealing in Cash and Derivative Segments.
The Trading Members are advised to register UCC of all their clients in the UCC database of the Exchange before dealing in SLB Segment on behalf of their clients. Further, the Trading Members are required to collect copies of PAN cards issued to their clients by the Income Tax Department and maintain the same in the record after verifying the same with original and the Income Tax website.
A detailed UCC User Manual (Version 2.0) will be available to all the trading members when logged on to the WebX system (www.bsewebx.co.in/admin). The file format for batch upload along with detailed description of the use of the system is also provided in the User Manual. The detailed User Manual will also be available for download from the Dload32 option “UCC User Manual Ver.2.0”.
For any further clarification in this matter, the Trading Members may contact the following officials on 022-2272123/34: -
|
Sr. No. |
Name of the Official |
Extension No. |
|
1 |
Mr. Vinit Kabani |
8262 |
|
2 |
Mr. Chirag Udani |
8724 |
|
P. K. Ramesh |
Yogesh Bambardekar |
|
General Manager |
Manager |
|
Surveillance and Supervision |
Surveillance and Supervision | |