Unique Client Code requirement: mutual funds must obtain and secure UCC for each scheme before trading. Mutual funds must obtain a Unique Client Code (UCC) from the recognised stock exchanges for each scheme or plan where portfolios differ, provide the UCC only to the member broker through whom they trade, report compliance to the regulator by the prescribed communication channels and timelines, and obtain the UCC for any new scheme or plan before commencing trading on its behalf.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Unique Client Code requirement: mutual funds must obtain and secure UCC for each scheme before trading.
Mutual funds must obtain a Unique Client Code (UCC) from the recognised stock exchanges for each scheme or plan where portfolios differ, provide the UCC only to the member broker through whom they trade, report compliance to the regulator by the prescribed communication channels and timelines, and obtain the UCC for any new scheme or plan before commencing trading on its behalf.
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