IIDI issued a circular regarding the Transaction Charges at IIDI

Mar 22, 2025 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe India International Depository IFSC Limited (IIDI) on March 21, 2025, issued a circular regarding the Transaction Charges at IIDI.

The Depository has extended the waiver of transaction charges and issuer-related fees until September 30, 2025, to promote market participation. This includes:

• No transaction charges for clients and Clearing Members.

• Waiver of Annual Custody Fees for UDR programs.

• Waiver of RTA service Annual Maintenance Charges for UDR programs.

Previously, these waivers were applicable only until March 31, 2025, but have now been extended to encourage market development.

All other charges shall remain applicable as per Depository circular reference no. IIDI IFSC/DP/2022/007 dated August 01, 2022.

[Circular No.: IIDI IFSC/DP/2024-25/085]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT