https://www.taxtmi.com/circulars?id=67063 Settlement of client running accounts may occur on Friday and/or Saturday; TMs shall settle at clients' choice on monthly and quarterly bases on dates stipulated by Stock Exchanges, which shall publish an annual settlement calendar. Funds received from clients whose running account has been settled must remain in the Up Streaming Client Nodal Bank Account and must not be used to settle other clients' running accounts; Stock Exchanges shall implement monitoring mechanisms, require TM reporting, and continue online oversight to ensure timely settlement and non-retention of excess client funds. en-us Thu, 28 Dec 2023 00:00:00 +0530 Fri, 29 Dec 2023 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67063 Settlement of client running accounts may occur on Friday and/or Saturday; TMs shall settle at clients' choice on monthly and quarterly bases on dates stipulated by Stock Exchanges, which shall publish an annual settlement calendar. Funds received from clients whose running account has been settled must remain in the Up Streaming Client Nodal Bank Account and must not be used to settle other clients' running accounts; Stock Exchanges shall implement monitoring mechanisms, require TM reporting, and continue online oversight to ensure timely settlement and non-retention of excess client funds. Circulars SEBI Thu, 28 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67063