Dated:
13th April 2017
NOTICE
Re:
Submission of copy of KYC etc., for trades under
XC, XD, XT & Z
groups of BSE Capital Market Segment
Further to Exchange’s notice dated 27th March, 2017
regarding revision of turnover charges, Trading Members of the Exchange are
hereby informed that the requirement of submission of KYC and Bank Statement of
clients for their trading in scrips under XC, XD, XT& Z groups of BSE
Capital Market Segment is partially modified on the basis of the concerns
expressed by some trading members of the Exchange. Accordingly, all trading members of the Exchange are required to submit
a copy of the KYC of the Clients who have traded in the above scrips either in
hard copy or in soft copy to the Surveillance Department of the Exchange within 5.00 P.M. of the Trade
Day. The soft copy of the KYC documents
may be submitted through email at kyc-clients@cse-india.com.
Members are also requested to note that the Bank Statement of the
Client would be required to be submitted in case of any investigation by either
CSE and/or BSE and/or SEBI and/or any authority, within three days from the
date of the requirement. Accordingly,
before executing trades in these scrips groups of BSE, trading members are
directed to inform their clients that in case of any investigation, trading in
these scrip groups may call for their Bank Statements. Any deviation/non-compliance with regard to
submission of KYC on the trade day and Bank Statement within three days from
the date of specific requirement would attract a penalty of Rs. 2,000/- per day
as envisaged in the Notice dated 27th March 2017.
M.A.V.Raju
General Manager