ICCL notified regarding the FAQ on Common Contract Note Format

Oct 23, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Indian Clearing Corporation Limited (ICCL) on October 22, 2024, notified regarding the FAQ on Common Contract Note Format.

The following has been stated namely: -

• In response to recent guidelines from the Exchange regarding the "Revision in Contract Note Format" for providing ECN with a single WAP for trades across Exchanges, clearing corporations have created a Joint FAQ document to address common concerns raised by Members, Custodians, and stakeholders about its implementation

• The Frequently Asked Questions (FAQs) on OTR workflow, OTR process, and Custodial transactions, are provided in the below attached document.

[Circular no. - 20241022-59]


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