NCCL advices security brokers to fasten up registration process for CKO function

News Image

MG News | May 02, 2019 at 04:59 PM GMT+05:00

0:00

May 2, 2019 (MLN): With regards to implementation of Centralized Know Your Customer (KYC) Organization “CKO” functions by the National Clearing Company of Pakistan, the Securities Brokers were advised to immediately start AI registration process and complete the same latest by April 30, 2019 to obtain necessary access credential to CKO system that would allow them to register New Customer and to generate UKN Tagging request in KIS.

Moreover, Securities Brokers were also requested to arrange the Biometric Devices as per the stated timeline of May 03, 2019.

In this connection, Securities Brokers who are still in process of completing the AI registration process are requested to immediately fulfil the requirement of obtaining the AI setup before go-live date in order to avoid any disciplinary action under CKO Regulations, 2018.

For the facilitation of Market Participants, “CKO Mobile App” has also been made available to facilitate the biometric verifications at the investor’s doorstep. Through this app, the Market Participants will no more be restricted to carry out the biometric verification within their premises.

The Market Participants will be able to easily download the mobile app on their smart phones and carry along the biometric scanner to facilitate the investors’ biometric verifications as per their convenience. Such app has also been made available under the on-going Mock environment.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 19, 2025 at 04:28 PM GMT+05:00

4.7m families get BISP aid in Punjab


July 19, 2025 at 03:00 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 19, 2025 at 02:49 PM GMT+05:00

RDA attracts $182m in June


July 19, 2025 at 02:49 PM GMT+05:00

M2 falls by Rs455bn in a week



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg