PFRDA issued a notification regarding permission for keeping securities as margin with the CCIL for margin requirements

May 02, 2023 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Pension Fund Regulatory and Development Authority (PFRDA) on April 20, 2023, issued a notification regarding permission for keeping securities as margin with the CCIL for margin requirements.

In line with the changes introduced by CCIL regarding margin rules vide notification dated August 26, 2021, the Pension Funds are hereby allowed by the Authority to keep securities as margin with the CCIL for margin requirements for investment in Government securities and TREPS.

Subject to the aforementioned revision, all other terms and conditions as contained in the investment guidelines (along with the amendments) shall remain unchanged.

[Notification No. PFRDA/2023/13/REG-PF/01]


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