NSE issued guidelines in pursuance of

Jan 10, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Stock Exchange (NSE) on January 09, 2025, issued the guidelines in pursuance of amendment to SEBI KYC (Know Your Client) Registration Agency (KRA) Regulations, 2011.

It states that clients with unvalidated KYC (On Hold) from December 01, 2024, to December 31, 2024, shall not be allowed to trade or square off open positions starting January 25, 2025, until validation is complete, and such open positions will naturally expire on the expiry date of the respective contract.

[Circular no. - NSE/ISC/66053]

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