NSE circular NCL/CMPL/76570 · 25 Sept 2026
Official title
Submission of Associates details by Clearing Members
Official record
Open source pageSummary
Check the official recordNSE Clearing Limited introduces a new portal for Clearing Members to submit details of group and associate entities. This requirement follows SEBI norms that restrict Clearing Corporations from accepting collateral issued by a member or their associates. Members must categorize submissions as Clearing Member for Self, Clearing Member for Associates, Trading Member for Self, or Trading Member for Associates. If a member has no associates, they must submit a NIL declaration. Members must review migrated data from previous submissions and update records if necessary. Any changes to group or associate entities require notification to the Clearing Corporation within seven working days. The previous submission portal closes on September 27, 2026. Members must use the new portal starting September 28, 2026.
What you must do
ANNEXURE I
A. Creation of Sub user (As Clearing Member/PCM)
A. Creation of Sub user (As Clearing Member/PCM)
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5.Member has to give role to Sub-user. Tick on
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ANNEXURE 2
SEPT BY STEP USER MANUAL – SUBMISISON OF ASSOCIATE DETAILS BY CLEARING MEMBERS
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Non-Confidential
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Non-Confidential
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| Category Name | Description |
|---|---|
| CMS – Clearing Member for Self | The details of all the listed Security or listed Debt Instrument of the Clearing Member. |
| CMA – Clearing Member for its Associates | 1) The details of all the group and associate entities of the Clearing member |
From the list above, in case if the group and associate entities have any listed Security or listed Debt Instrument, the same is required to be disclosed. | | TMS – Trading Member for Self (For this purpose, the Trading Member shall mean Trading members for whom the clearing member is clearing trades) | 1) The details of all the Trading Members.
From the list above, in case if the Trading Members have any listed |
Non-Confidential
| Category Name | Description |
|---|---|
| Security or listed Debt Instrument, the same is required to be disclosed. | |
| TMA – Trading Member for its Associates | 1) The details of all the group and associate entities of the Trading Members |
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Non-Confidential
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The following pop-up will appear, indicating that the submission has been completed successfully.
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The following pop-up will appear, indicating that the NIL submission has been successfully updated.
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The following pop-up will appear, indicating that the records has been deleted successfully.
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Bulk Upload Functionality:
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10)Members can download Template from the portal for filling in the details for bulk upload.
11)Members shall upload the file on filling in the requisite details on the portal Ensure that the file name follows the format “MEMCODE_ASSOC_DDMMYY”
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15)For entering TM details, the member must select the TM code from the dropdown. The remaining fields TM Name and TM PAN shall auto populate.
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16)In case if ISIN or TM code is not available for selection, members may send the issues to “membership@nsccl.co.in” with the subject line “NCL Associate Details Submission– Issues in Reporting “Name of the Clearing member name and Member code” along with screenshot.
17)MIS Download Functionality Members have an option to download the complete submission details from the Portal for ease of reviewing the submissions. Members can click on Export to CSV for getting the complete details of the submissions.
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Common Queries on Submission of Associate details by Clearing Members
SEBI Circular No SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/65 dated May 29, 2024 relating to Norms for acceptable collaterals and exposure of Clearing Corporations provides as follows:
Key dates
Who is affected
Exceptions
If you do not comply