The Central Depository Services (India) Limited (CDSL) on July 14, 2023, issued the Master Circular for Depository Participants
This Circular shall come into force on July 14, 2023
The following has been stated namely: -
• It states that this Master Circular is a compilation of the relevant Communiqués pertaining to DPs issued by CDSL up to March 31, 2023. The guidelines forming part of the Bye-laws and operating instructions are not covered in the Master Circular.
• It states that the user shall read the provisions mentioned in the Master Circular in concurrence with the relevant Bye-Laws and Operating Instructions provisions
• It states that in case of any inconsistency between the Master Circular and the applicable communiqués, users may refer to the detailed contents of the applicable/ relevant communiqué.
• This Master Circular consists of 17 Chapters and the Users may refer to other chapters also for compliance with provisions/guidelines applicable to them. References in the Master Circular to the provisions/guidelines which now stand repealed, have been suitably updated. For ease of reference, each chapter of this circular contains footnotes corresponding to the respective circulars.
• The DPs are advised to take note of the same.
•The Queries regarding this communiqué may be addressed to CDSL – Helpdesk: at [email protected] and/or on telephone number 08069144800.
• The Master Circular has been attached to the document
[Notification No. CDSL/OPS/DP/POLCY/2023/411]
