NSE Clearing Limited vide Circular dated May 19, 2023 has issued clarification regarding Reporting of Bank Guarantees (BGs) created out of clients’ funds. Clearing Members are required to report breakup of Bank Guarantee (BG) placed as collateral with NCL on a weekly basis (details is provided in Member portal (ENIT)).
First submission of this data shall be for the week ended May 27, 2023 to be submitted by EOD of May 27, 2023, and for every week thereafter.
