Segregation and Monitoring of Collateral: implementation timeline extended, remaining provisions deferred to a later date. SEBI has extended the commencement for the provisions of its July 20, 2021 circular concerning segregation and monitoring of collateral at client level, excluding Paragraphs 4 and 5 which are already effective; the remaining provisions will come into force on a later, specified date following stakeholder requests, and recognized clearing corporations and stock exchanges are directed to adjust their implementation and compliance plans accordingly under SEBI's regulatory powers.
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Segregation and Monitoring of Collateral: implementation timeline extended, remaining provisions deferred to a later date.
SEBI has extended the commencement for the provisions of its July 20, 2021 circular concerning segregation and monitoring of collateral at client level, excluding Paragraphs 4 and 5 which are already effective; the remaining provisions will come into force on a later, specified date following stakeholder requests, and recognized clearing corporations and stock exchanges are directed to adjust their implementation and compliance plans accordingly under SEBI's regulatory powers.
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