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| NOTICES |
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| Notice No. |
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20230816-49 |
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Notice Date |
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16 Aug 2023 |
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| Category |
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Settlement/RMS |
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Segment |
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General |
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| Subject |
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Segregation and Monitoring of Collateral at Client Level- Reporting |
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| Content |
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All Clearing Members
Further to ICCL Circular 20221027-46 dated October 27, 2022, pertaining to daily reporting of client collateral segregation data by Clearing members, members are also additionally required to report NIL holding or Zero balance clients in the same daily collateral segregation reporting.
It may be noted that Members are not required to upload data for clients with zero balance / Nil holding who have not traded in the last 12 months.
The provisions of this circular shall be effective from reporting for trade date September 01, 2023, onwards.
These changes are being introduced in consultation with SEBI and other Clearing Corporations.
For and on behalf of Indian Clearing Corporation Ltd.
Roanna Lewis
Sr. Manager
Membership & Inspection
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