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THE CLEARING CORPORATION OF INDIA LIMITED NOTIFICATION Continuous Linked Settlement Segment Date : 1st September 2014 Notification No.: COIL/CFM CLS/14/34 Collateral Workflow Procedure for Continuous
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CLS segment notification is a form used to report settlement data to payment systems.
Entities that participate in the CLS settlement system are required to file CLS segment notifications.
CLS segment notifications can be filled out online through the designated platform provided by the CLS system.
The purpose of CLS segment notification is to provide settlement data to payment systems for reconciliation and processing purposes.
Information such as trade details, settlement amounts, counterparties, and settlement dates must be reported on CLS segment notifications.
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