Most Important Terms and Conditions (MITC) - uniform documents for formalizing the broker-client relationship

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.... prescribed the following uniform documents for formalizing the broker-client relationship, as per clause 20 of "Master Circular on stock brokers" dated May 17, 2023: i. Account opening form ii. Rights and obligations iii. Risk disclosure documents iv. Guidance note v. Policies and procedures vi. Tariff sheet A copy of these documents is required to be provided by the broker to the cl....

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....y, at its discretion, publish standards in respect of the same. 6. In view of the above, additional clause 20.1.6 may be incorporated in the master circular and 20.4 of the master circular stands amended as under. "20.1.6. Most Important Terms and Conditions" "20.4 ....in the future. The client would also be required to give acknowledgement of Most Important Terms and Conditions (MITC)" 7. F....