ICCL notified regarding the Applicable Haircut for Collateral (Securities) file

Jul 27, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe 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]


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