In order to facilitate ease in reconciliation, SEBI has put in place mechanism for mapping of Unique Client Code (UCC) with Demat accounts of the clients. Under the norms, the UCC allotted by trading member (TM) to the client shall be mapped with the demat account of the client. The norms provides that a client may trade thorough multiple TMs in which case each such UCC shall be mapped with one or more demat account(s)
from taxmann.com News https://ift.tt/2QzrQVZ
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