https://www.taxtmi.com/circulars?id=58439 Early warning mechanism requires Stock Exchanges, Clearing Corporations and Depositories to identify and share alerts indicating diversion of client securities-such as financial deterioration of brokers, suspicious pledge or demat account activity, investor complaints, RBS/Enhanced Supervision flags and inspection non cooperation-and to reconcile clearing pay in/pay out with depository transfers. Where deterioration or unauthorized transfers are established, exchanges and depositories may jointly apply preventive measures including blocking collateral, limiting proprietary trading, deactivating terminals, inspections, appointing forensic auditors, freezing client account debits, imposing concurrent audits and restricting use of powers of attorney. Implementation date: February 1, 2019. en-us Mon, 17 Dec 2018 00:00:00 +0530 Wed, 19 Dec 2018 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58439 Early warning mechanism requires Stock Exchanges, Clearing Corporations and Depositories to identify and share alerts indicating diversion of client securities-such as financial deterioration of brokers, suspicious pledge or demat account activity, investor complaints, RBS/Enhanced Supervision flags and inspection non cooperation-and to reconcile clearing pay in/pay out with depository transfers. Where deterioration or unauthorized transfers are established, exchanges and depositories may jointly apply preventive measures including blocking collateral, limiting proprietary trading, deactivating terminals, inspections, appointing forensic auditors, freezing client account debits, imposing concurrent audits and restricting use of powers of attorney. Implementation date: February 1, 2019. Circulars SEBI Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58439