RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996 Chapter V RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Reconciliation requirement: participants must reconcile records with each depository daily to ensure accurate securities accounting. Regulation 47 of the SEBI (Depositories and Participants) Regulations, 1996 imposes a reconciliation obligation requiring every participant to reconcile ... Summary
Reconciliation requirement: participants must reconcile records with each depository daily to ensure accurate securities accounting.
Regulation 47 of the SEBI (Depositories and Participants) Regulations, 1996 imposes a reconciliation obligation requiring every participant to reconcile its records with every depository of which it is a participant; this duty mandates daily matching and verification of transactional and holding data to preserve accurate securities accounting and operational integrity.
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