BSE issues update on Standardization of Clearing and Settlement file formats

Oct 10, 2022 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on October 07, 2022, refers to Indian Clearing Corporation Ltd (ICCL) circular no. 20220603-61, dated June 03, 2022, regarding the Standardization of Clearing and Settlement file formats.

In this regard, it is asked to take note of the fact that Annexure I-Equity Cash, which is attached, provides the standardized file formats, tags, and data types in accordance with "ISO 20022 standard": Financial services - Universal Financial Industry Message Scheme.

Standardized Tranche 1 files are concurrently accessible in the current Extranet folder.

It is suggested that they take note of this and start making the necessary improvements to their systems.

[Notification No.20221007-23]


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