Struggling with MCP authentication? The November 2025 spec just changed everything. CIMD replaces DCR's complexity with a ...

Brokers who dealt with the crisis-hit National Spot Exchange (NSEL) are believed to have indulged in wide-spread client code modification to shift trades from the account of a particular client to ...

Brokers punch in the unique client code before placing a buy or a sell order on behalf of a client and there are possibilities of errors while doing the same. This circular supersedes SEBI's January ...

Regulator wants to ease on client code modification but concerned with tax evasion and circular trading The Securities and Exchange Board of India (Sebi) has flagged risks of tax evasion and misuse ...

The move comes after the Securities and Exchange Board of India (Sebi) received representations from stock brokers and stock exchanges to review the penalty structure in cases of client code ...

Deal Details Stock exchanges have to furnish the transaction ID, broker's name and ID, original client code, modified client code, name of the original client, PAN of the original client, name of the ...

In a move that could help curb evasion of taxes, the income-tax department has issued a notification to the stock exchanges to report changes in client codes done by brokerages in a specified format ...

Sebi on Friday asked brokers to link the unique client code (UCC) of investors to the latter’s demat accounts. UCC is a number that is assigned to each investor and is “unique” in nature.