https://www.taxtmi.com/circulars?id=65767 Settlement of clients' running accounts is limited to funds and must be carried out by trading members on a uniform schedule: quarterly settlements for clients with the default mandate on the first Friday of each quarter (or the preceding trading day if that Friday is a holiday), and monthly settlements on the first Friday of every month (or the preceding trading day if that Friday is a holiday). Exchanges must notify members, amend rules, monitor timely settlement, ensure excess funds are not retained, require TM reporting, and report implementation status to the regulator. en-us Wed, 27 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65767 Settlement of clients' running accounts is limited to funds and must be carried out by trading members on a uniform schedule: quarterly settlements for clients with the default mandate on the first Friday of each quarter (or the preceding trading day if that Friday is a holiday), and monthly settlements on the first Friday of every month (or the preceding trading day if that Friday is a holiday). Exchanges must notify members, amend rules, monitor timely settlement, ensure excess funds are not retained, require TM reporting, and report implementation status to the regulator. Circulars SEBI Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65767