The National Commodity and Derivatives Exchange Limited (NCDEX) on August 05, 2024, issued the notification regarding the Guidelines in pursuance of amendment to SEBI KYC (Know Your client) Registration Agency (KRA) Regulations, 2011.
The following has been stated namely: -
• Members were required to report on a daily basis, the status of the open positions at the end of the day (until complete square off), for the respective clients (where KRA is on hold).
• The members are to send the information in the prescribed format via email to [email protected] by EOD on a daily basis until August 07, 2024.
• The subject line of the mail should be “Status of reduction in open positions”
[Notification No. NCDEX/MEMBERSHIP-035/2024]
