The National Commodity Clearing Limited (NCCL) on October 04, 2024, issued the notification regarding the Segregation and Monitoring of Collateral at Client Level.
The following has been stated namely: -
• With a view to provide visibility of client-wise collateral (for each client) at all levels, a reporting mechanism, covering both cash and non-cash collaterals shall be specified by the Clearing Corporations.
• A link is provided for registration and viewing the collateral data on the website
• The clearing members are hereby requested to display the link on their own website and also create awareness about the facility available to the clients for viewing of the collaterals.
[Notification No. NCCL/INSPECTION-003/2024]
