Question

If a transaction is reportable in both India and an overseas jurisdiction, what must market participants do if the foreign country has a tighter deadline?

A Ignore the foreign deadline and follow the Indian schedule
B Use a temporary domestic interim code and disregard the global UTI framework
C Make reasonable efforts to obtain and report that global UTI within the required tighter timeframe
D Apply to GLEIF for an emergency 30-day reporting extension
E Report exclusively to the foreign platform and cancel the CCIL-TR log
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