The Indian Clearing Corporation Limited (ICCL) on January 31, 2025, issued the Additional Clarification on Custodian Transactions in T+0 Settlement Cycle & Additional FAQ.
The following has been stated namely: -
• It provides additional clarifications on custodian transactions within the T+0 settlement cycle. It references multiple circulars from SEBI and related Market Infrastructure Institutions (MIIs) concerning the T+0 settlement mechanism.
• It includes operational guidelines and Frequently Asked Questions (FAQs) to assist members and custodians in understanding and implementing the T+0 settlement process.
• An additional set of FAQs is attached as Annexure C to address further queries.
[Notification no. - 20250131-67]
