The Indian Clearing Corporation Limited (ICCL) on July 26, 2024, notified regarding the Applicable Haircut for Collateral (Securities) file.
The following has been stated namely: -
• It is in reference to ICCL Circular 20240710-11 dated July 10, 2024, related to the norms for Acceptable Collateral and Exposure of Clearing Corporation.
• It is stated that the Applicable Haircut for Collateral (Securities) file shall be available from August 01, 2024, on the Extranet.
• It states that the File nomenclature shall be “ICCLFinal_VARELMAM_HairCut_DDMMYY.CSV”.
• It states that the File Headers shall be “Security CodeSecurity NameGroup NameISINHairCut VaR
[Circular no. - 20240726-31]