The Indian Clearing Corporation Limited (ICCL) on June 24, 2024, notified regarding the Discontinuation of Reporting of Trading Member Wise Collateral details by Clearing Members.
The attention of members is invited to ICCL’s following notices - 20190520-39 dated May 20, 2019, 20190731-30 dated July 31, 2019, 20190808-28 dated August 8, 2019, and 20200114-15 dated January 14, 2020, prescribing the following two reports to be uploaded to ICCL on a weekly basis –
• DP account wise, Trading Member and ISIN wise details of securities (Non cash collateral) held
• Trading Member wise details of Cash and Cash equivalent collateral
In order to ease out the compliance burden of the members, it has been decided to discontinue the requirement of reporting ‘Trading Member wise details of Cash and Cash equivalent collateral’ with immediate effect.
Accordingly, the last submission of the report mentioned at serial number 2 above (Trading Member-wise details of Cash and Cash equivalent collateral) shall be for the week ended on June 14, 2024 Members should continue to submit the report mentioned at serial no. 1 above as per extant procedure.
[Notice No. 20240624-3]
