The Securities and Exchange Board of India vide its circular dated 27th April 2020 has extended the implementation of its earlier Circular dated 24th February 2020 on Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives Segment) to 1st June 2020.
SEBI has earlier reviewed the margin framework for cash and derivatives segments, aiming to bring more efficiency in the risk management system, which was to come into effect from 1st May 2020.
However, due to the challenges arising out of COVID-19 pandemic and various other surveillance measures in place, it has been decided to extend the implementation date of the provisions of the aforesaid Circular to June 01, 2020.
Click here to read the Circular.
