SEBI - IMD/CUST/16/2004 - Dated:- 2-4-2004 - CHIEF GENERAL MANAGER INVESTMENT MANAGEMENT DEPARTMENT Circular No. IMD/CUST/16/2004 April 02 , 2004 To All Foreign Institutional Investors and Custodians of Securities Dear Sirs, Sub: Unique Client Code for Foreign Institutional Investors (FIIs) and their sub-accounts(SAs) SEBI vide circular No. SEBI/SMD/SE/11/2003/31/03 dated March 31, 2003(copy enclosed) had stipulated that the stock exchanges would generate Unique Client Codes (UCC) for institutional investors including FIIs and their sub-accounts. In order to identify the trades through multiple members of the Stock Exchanges and for the purpose of better risk management, it has been decided that FIIs/sub-accounts while trading in the Indian securities market would be required to inform the UCC to the member brokers. The use of UCC for trading through brokers will be made compulsory from a future date which will be announced separately. In view of the above, it is advised that: FIIs sh

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