The Indian Clearing Corporation Limited (ICCL) on May 15, 2026, issued reminder for Submission of Internal Audit Report for the half year ended March 31, 2026.
The circular reminds Clearing Members of their obligation to complete the Internal Audit for the half-year ended March 31, 2026, as previously communicated in ICCL Circular dated April 15, 2026. It emphasizes timely compliance with regulatory audit requirements.
Clearing Members are required to submit the Internal Audit Report on or before May 31, 2026, through the IEFS portal in the prescribed format. Timely submission is mandatory to ensure adherence to regulatory standards and avoid any compliance issues.
The circular also highlights that penalties or disciplinary actions for delay or non-submission will be imposed as per ICCL circular dated March 22, 2024. Additionally, any non-compliances identified in the Internal Audit Report will attract actions as per ICCL circular dated December 29, 2023 or any other applicable guidelines issued from time to time.
Overall, members are strongly advised to take note of the deadline and ensure strict compliance by May 31, 2026, to avoid penalties and maintain regulatory discipline.
[Notice No. 20260515-13]
