ICCL notified regarding the enhancement of

Sep 30, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance

The Indian Clearing Corporation Limited (ICCL) on September 30, 2024, notified regarding the enhancement of operational efficiency and Risk Reduction – Operating guidelines for the Pay-out of securities directly to client Demat account – CUSPA / CSMFA.

The members are requested to refer to the below file format to be followed for CUSPA/CSMFA marking.

File Name: ICCL_CTM_EQ_MEMBERCODE(NNNN)_ SETTLMENT-NUMBER(NNNNNNN).NNN

File Name Example: ICCL_CTM_EQ_9999_2425999.001

File Type: CSV

The members are requested to take note of the contents of the circular and comply.

[Notice No. 20240930-11]