Segregation and Monitoring of Collateral at Client Level - New Portal Extended Until October 28, 2025

Description

NSE Clearing extends the availability of the new portal for submitting segregated client collateral reports until 10:00 PM on October 28, 2025 due to system enhancements.

Summary

NSE Clearing Limited has issued a circular informing members that the new portal for uploading segregated client collateral reports will be available until 10:00 PM on October 28, 2025. This extension is due to ongoing system enhancements. Members must ensure timely submission of their client collateral segregation reports through the designated portal (https://ims.connect2nsccl.com/NCLMemberPortal/) by the specified deadline.

Key Points

• The new portal for client collateral segregation reporting will remain operational until 10:00 PM on October 28, 2025
• Extended availability is due to system enhancements being implemented
• This circular references previous circular NCL/CMPL/69872 dated August 26, 2025
• Members are required to use the new portal at https://ims.connect2nsccl.com/NCLMemberPortal/
• All submissions must be completed by the extended deadline

Regulatory Changes

No new regulatory changes introduced. This circular provides an operational update regarding the timeline for an existing requirement established in the previous circular dated August 26, 2025.

Compliance Requirements

• Members must submit segregated client collateral reports through the new portal
• Submissions must be made by 10:00 PM on October 28, 2025
• Members need to make necessary arrangements to ensure timely compliance
• Use of the designated portal (https://ims.connect2nsccl.com/NCLMemberPortal/) is mandatory

Important Dates

• October 24, 2025: Circular issued
• October 28, 2025, 10:00 PM: Final deadline for submission of client collateral segregation reports through the new portal

Impact Assessment

This circular has medium operational impact on NSE Clearing members. The extension provides additional time for members to comply with collateral reporting requirements during the system enhancement period. Members need to ensure their internal processes are aligned to meet the October 28 deadline. There is no direct market impact, but non-compliance could affect member operations and regulatory standing. The system enhancement suggests improvements to the collateral monitoring infrastructure.

Impact Justification

Important operational update for members regarding collateral reporting deadline extension, but limited to procedural compliance with no direct market impact