The Bombay Stock Exchange (BSE) on November 08, 2024, issued the notification regarding the Enhancement of operational efficiency and Risk Reduction – Pay-out of securities directly to client demat account – EXTRANET Deployment of CUSPA Marking.
The following has been stated namely: -
• ICCL has issued multiple circulars giving details of implementations and they are as below:
o 20241106-45 – Enhancement of operational efficiency and Risk Reduction – Pay-out of securities directly to client demat account – Go Live & Other Details
o 20241010-48 – CUSPA/CSMFA & Internal Auction Vis-Vis Self Auction – Change in Payout Schedule & Revision In Implementation Date.
o 20241009-69 – CUSPA/CSMFA & Internal Auction Vis-Vis Self Auction – Trade Date & Settlement Date Clarification.
o 20241008-62 – CUSPA/CSMFA & Internal Auction Vis-Vis Self Auction – Clarification.
o 20241003-35 – Internal Auction Vis-Vis Self Auction
o 20240930-11 – CUSPA/CSMFA
o 20240902-8 – Enhancement of operational efficiency and Risk Reduction – Operating guidelines for Pay-out of securities directly to client demat account
[Notification No. 20241108-18]