{"id":222206,"date":"2019-11-16T18:30:59","date_gmt":"2019-11-16T13:00:59","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=222206"},"modified":"2019-11-16T16:20:29","modified_gmt":"2019-11-16T10:50:29","slug":"mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/","title":{"rendered":"Mapping of Unique Client Code (UCC) with demat account of the clients"},"content":{"rendered":"<p style=\"text-align: justify;\">1. Vide SEBI circular no. SEBI\/HO\/MIRSD\/DOP\/CIR\/P\/2018\/153 dated December 17, 2018, Early Warning Mechanism was put in place to detect the diversion of client\u2019s securities by the stock broker at an early stage so as to take appropriate preventive measures. Early Warning circular, inter-alia, specified that Stock Exchanges \/ Clearing Corporations \/ Depositories shall devise a mechanism to detect diversion of clients\u2019 securities and to share information among themselves in respect of:<\/p>\n<p style=\"text-align: justify;\">1.1. Diversion of pay-out of securities to non-client\/other client accounts.<\/p>\n<p style=\"text-align: justify;\">1.2. Mis-matches between gross (client-wise) securities pay-in and pay-out files of stock brokers generated by the Clearing Corporation which shall be compared with actual transfer of securities to\/from the client\u2019s depository accounts by the Depository. The cases of any mismatch found out by the Depository shall be informed to the concerned Stock Exchange \/ Clearing Corporation.<\/p>\n<p style=\"text-align: justify;\">2. In order to facilitate ease in reconciliation, it was considered necessary to map clients\u2019 <strong>Unique Client Code (UCC) with their Demat accounts. <\/strong><\/p>\n<p style=\"text-align: justify;\">A mechanism for mapping of UCC with Demat accounts of the clients was discussed with Stock Exchanges and Depositories. Pursuant to the discussion with Stock Exchanges and Depositories, it has been decided that for mapping of UCC with the Demat account of the clients, the following mechanism shall be implemented:<\/p>\n<p style=\"text-align: justify;\">1.1. UCC allotted by the trading member (TM) to the client shall be mapped with the Demat account of the client.<\/p>\n<p style=\"text-align: justify;\">1.2. A client may trade through multiple TMs in which case each such UCC shall be mapped with one or more Demat account(s).<\/p>\n<p style=\"text-align: justify;\">1.3. Stock Exchanges shall share the UCC data with the Depositories which shall include the PAN, segment, TM\/CM code and UCC allotted. Such UCC data shall be shared with the Depositories on a one-time basis by November 30, 2019, and subsequently, incremental data in respect of new UCCs created shall be shared on a daily basis.<\/p>\n<p style=\"text-align: justify;\">1.4. Depositories shall map the UCC data in the Demat account based on the PAN provided in the UCC database.<\/p>\n<p style=\"text-align: justify;\">1.5. Clients may make a request to their depository participants to delink or add UCC details which shall be processed by the Depository through depository participants. Before any addition of UCC in the Demat account, the Depositories shall validate the same with the Stock Exchanges\/client.<\/p>\n<p style=\"text-align: justify;\">1.6. Stock Exchanges and Depositories shall have a mechanism in place to address clients\u2019 complaints with regard to UCC mapping with their Demat accounts.<\/p>\n<p style=\"text-align: justify;\">1.7. Stock Exchanges and Depositories shall have a mechanism in place to ensure that inactive, non-operational UCCs are not misused and also a mechanism to ensure that inactive, non-operational UCCs are weeded out in the process of mapping clients\u2019 UCC with their Demat account.<\/p>\n<p style=\"text-align: justify;\">2. Stock Exchanges and Depositories shall map the existing UCCs with the Demat account of the clients&#8217; latest by December 31, 2019.<\/p>\n<p style=\"text-align: justify;\">3. Stock Exchanges and Depositories are directed to:<\/p>\n<p style=\"text-align: justify;\">3.1. bring the provisions of this circular to the notice of their members and participants, as the case may be, and also disseminate the same on their websites;<\/p>\n<p style=\"text-align: justify;\">3.2. communicate to SEBI, the status of the implementation of the provisions of this circular in their monthly development report.<\/p>\n<p style=\"text-align: justify;\">4. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 and Section 19 of the Depositories Act to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.<\/p>\n<hr \/>\n<p><strong>Securities Exchange Board of India<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Circular dt. 15-11-2019]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Vide SEBI circular no. SEBI\/HO\/MIRSD\/DOP\/CIR\/P\/2018\/153 dated December 17, 2018, Early Warning Mechanism was put in place to detect the diversion of <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[38345,38346,38344],"class_list":["post-222206","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-demat-accounts","tag-stock-exchanges-and-depositories","tag-unique-client-code"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mapping of Unique Client Code (UCC) with demat account of the clients | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mapping of Unique Client Code (UCC) with demat account of the clients\" \/>\n<meta property=\"og:description\" content=\"1. Vide SEBI circular no. SEBI\/HO\/MIRSD\/DOP\/CIR\/P\/2018\/153 dated December 17, 2018, Early Warning Mechanism was put in place to detect the diversion of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-16T13:00:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/03\/SEBI1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/\",\"name\":\"Mapping of Unique Client Code (UCC) with demat account of the clients | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2019-11-16T13:00:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mapping of Unique Client Code (UCC) with demat account of the clients\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Mapping of Unique Client Code (UCC) with demat account of the clients | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/","og_locale":"en_US","og_type":"article","og_title":"Mapping of Unique Client Code (UCC) with demat account of the clients","og_description":"1. Vide SEBI circular no. SEBI\/HO\/MIRSD\/DOP\/CIR\/P\/2018\/153 dated December 17, 2018, Early Warning Mechanism was put in place to detect the diversion of","og_url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2019-11-16T13:00:59+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/03\/SEBI1.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/","url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/","name":"Mapping of Unique Client Code (UCC) with demat account of the clients | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2019-11-16T13:00:59+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/mapping-of-unique-client-code-ucc-with-demat-account-of-the-clients\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Mapping of Unique Client Code (UCC) with demat account of the clients"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":225821,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/02\/17\/sebi-develops-an-online-system-for-detecting-misuse-of-clients-securities-by-brokers\/","url_meta":{"origin":222206,"position":0},"title":"SEBI develops an online system for detecting misuse of clients\u2019 securities by brokers","author":"Bhumika Indulia","date":"February 17, 2020","format":false,"excerpt":"In the recent past years, it has been observed that some brokers have misused clients\u2019 securities received as collateral to meet their own settlement obligation or obligations of other clients. Some brokers have also misused clients\u2019 securities by pledging them with the banks and NBFCs to raise funds for their\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":274049,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/20\/19-09-2022-sebicircular-validationinstructions-pay-inofsecurities-clientdemataccount-tradingmember-poolaccount-against-obligations-received-clearingcorporations-protect-interests-investors-securities\/","url_meta":{"origin":222206,"position":1},"title":"SEBI issues circular on Validation of Instructions for Pay-In of Securities from Client Demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations","author":"Bhumika Indulia","date":"September 20, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 19-09-2022, the Securities and Exchange Board of India(\u2018SEBI') issued a circular on validation of Instructions for Pay- In of Securities from Client Demat account to Trading Member (\u2018TM') Pool Account against obligations received from the Clearing Corporations to protect the interests of investors in securities and to\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":277447,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/11\/14\/sebi-modifies-circular-on-handling-of-clients-securities-by-trading-members-clearing-members\/","url_meta":{"origin":222206,"position":2},"title":"SEBI modifies circular on Handling of Clients\u2019 Securities by Trading Members\/ Clearing Members","author":"Prachi Bhardwaj","date":"November 14, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 11-11-2022, the Securities and Exchange Board of India (\u2018SEBI\u2019) has issued circular revising the Handling of Clients\u2019 Securities by Trading Members (\u2018TM\u2019)\/ Clearing Members (\u2018CM\u2019) which was introduced by SEBI Circular dated 20-06-2019, to streamline the process of handling of unpaid securities by TM\/ CM and also\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":83611,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/02\/sebi-to-freeze-promoter-and-promoter-group-demat-accounts-for-non-compliance-with-sebi-listing-obligations-and-disclosure-requirements-regulations-2015\/","url_meta":{"origin":222206,"position":3},"title":"SEBI to freeze Promoter and Promoter group demat accounts for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015","author":"Saba","date":"November 2, 2016","format":false,"excerpt":"Sub: Freezing of Promoter and Promoter group Demat accounts for non-compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 1. SEBI, vide Circular No. CIR\/CFD\/CMD\/12\/2015 dated November 30, 2015, had prescribed the uniform fine structure for non-compliance with certain provisions of SEBI (Listing Obligations and Disclosure\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":252953,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/19\/sebi-issues-new-guidelines-for-tendering-and-settlement-of-shares-through-stock-exchange\/","url_meta":{"origin":222206,"position":4},"title":"SEBI issues new guidelines for tendering and settlement of shares through stock exchange","author":"Prachi Bhardwaj","date":"August 19, 2021","format":false,"excerpt":"The Securities and Exchange Board of India has issued a circular dated August 13, 2021 stating that a lien shall be marked by the Depositories in the depository system in the Beneficial Owner\u2019s Demat Account for the shares offered in tender offers. \u00a0 Key guidelines are: Every detail of shares\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":268774,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/06\/21\/sebi-issues-circular-for-naming-tagging-of-demat-accounts-by-june\/","url_meta":{"origin":222206,"position":5},"title":"SEBI issues circular for naming \/ tagging of demat accounts by June 30, 2022","author":"Bhumika Indulia","date":"June 21, 2022","format":false,"excerpt":"On June 20, 2022, the Securities and Exchange Board of India has issued a circular requiring all stock brokers to name and tag demat accounts of clients by June 30, 2022. Key points: All demat accounts of stock brokers which are untagged need to be appropriately tagged by June 30,\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/222206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=222206"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/222206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=222206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=222206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=222206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}