ICCL notified regarding the Enhancement of operational efficiency and Risk Reduction – Operating guidelines for Pay-out of securities directly to client Demat account – Internal Auction Vis-Vis Self Auction

Oct 05, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Indian Clearing Corporation Limited (ICCL) on October 04, 2024, notified regarding the Enhancement of operational efficiency and Risk Reduction – Operating guidelines for the Pay-out of securities directly to client Demat account – Internal Auction Vis-Vis Self Auction.

ICCL has also issued a file format pertaining to CUSPA / CSMFA marking, carrying reference no 20240930-11 dated September 30, 2024.

Furthermore, please find attached herewith the EXISTING ‘Internal Shortage / Self Auction’ file format along with ENHANCED file format for the same.

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

[Notice No. 20241003-35]


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