NCCL issued the scheme of deposit for

Jun 25, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Commodity Clearing Limited (NCCL) on June 25, 2024, issued the scheme of deposit for acceptance of Mutual Fund Units as collateral.

The Clearing Corporation has now revised the list of eligible Mutual Fund Units as collateral towards Additional Base Capital (ABC) and the applicable haircuts.

The revised list of eligible Mutual Fund units along with the haircut details is provided in Annexure 1.

The given revised list of eligible Mutual Fund units and haircuts shall be applicable from the beginning of a trading day on July 01, 2024.

[Circular No: NCCL/RISK-031/2024]

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