The Bombay stock exchange (BSE) vide circular dated August 23, 2021 has directed the Clearing Members that data regarding Segregation and Monitoring of Collateral at Client Level is required to be uploaded to ICCL on a daily basis. Further, it is clarified that clearing members who are registered with multiple clearing corporations i.e. registered with more than one equity or commodity clearing corporation are required to report the collaterals which is available with respective clearing corporation only instead of aggregated collateral across all clearing corporations.
This circular will come into effect from October 01, 2021.
