The SEBI also found that the ICCL did not maintain an up-to-date inventory of IT assets, including software classifications.
It carries out the functions of clearing, settlement, collateral management and risk management for various segments of BSE.
One of the major lapses identified was ICCL’s failure to maintain an up-to-date, accurate inventory of its critical IT assets ...
ICCL, established in 2007 as a wholly owned subsidiary of BSE Ltd, underwent an inspection by SEBI for the period of December ...
Sebi's findings showed that ICCL had submitted the network auditor report to the regulator without any management or board ...
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs5.05 crore on Indian Clearing ...
Sebi has penalized Indian Clearing Corporation Ltd (ICCL) with Rs 5.05 crore for non-compliance with cyber security and ...
The NSE has accused ICCL of "overcharging," even as the latter has raised a demand of approximately ₹100 crore from the ...
ICCL has demanded Rs 100 crore from NSE as pending clearing and settlement dues since September 2022. NSE disputes ...
The Indian Clearing Corporation (ICCL), the fully owned trade clearing and settlement house of BSE, is believed to have ...