SEBI extends the timeline for enforcement of SEBI directions for Segregation and Monitoring of Collateral at Client Level

SEBI vide circular dated February 24, 2022 has extended the timeline for enforcement of SEBI directions for Segregation and Monitoring of Collateral at Client Level. The provisions of these directions providing for establishment of a reporting mechanism through web portal by Clearing Corporations for client collateral came into force from October 1, 2021.

The rest of the provisions of the said circular dated July 20, 2021 shall come into force with effect from May 02, 2022.

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