https://www.taxtmi.com/circulars?id=64045 Implementation of pledge/re-pledge margin obligations in the depository system is deferred to allow system readiness; trading and clearing members must close existing demat accounts tagged as Client Margin/Collateral within the extended transition period. A Power of Attorney held by a member is not equivalent to collection of margin, effective immediately. Client confirmation by OTP or verifiable mechanism is required only once at initial creation of the pledge; subsequent re-pledging by the member does not require further confirmation. en-us Mon, 25 May 2020 00:00:00 +0530 Tue, 26 May 2020 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64045 Implementation of pledge/re-pledge margin obligations in the depository system is deferred to allow system readiness; trading and clearing members must close existing demat accounts tagged as Client Margin/Collateral within the extended transition period. A Power of Attorney held by a member is not equivalent to collection of margin, effective immediately. Client confirmation by OTP or verifiable mechanism is required only once at initial creation of the pledge; subsequent re-pledging by the member does not require further confirmation. Circulars SEBI Mon, 25 May 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64045