BSE notifies TM’s/ CM’s Handling of Client’s Securities and the certain Procedures

The Bombay Stock exchange (BSE) has issued a notice regarding the Handling of Clients’ Securities by Trading Members (TM) / Clearing Members (CM). It has also clarified on the procedure to seek prior approval for change in control. The present notification was issued on 6^th January, 2023.

Indian Clearing Corporation Ltd (ICCL) Members are requested to take note of the contents of the following SEBI circulars.

1. Circular on Handling  of  Clients’  Securities  by  Trading  Members (TM) / Clearing Members (CM)
2. Procedure for seeking prior approval for change in control

In case of any clarifications, members may contact their respective Relationship Managers or the below-mentioned contacts namely: –

(i) ICCL Ops – +91-22-2272 8682/8121/8881/5648/8567 email: ops@icclindia.com

(ii) Membership & Inspection Dept. for compliance aspect – +91-22-22728365/8788/5075/5744 email: iccl.membership@icclindia.com