Dated 1st January, 2021
N O T I C E
All Entities are hereby informed that the Exchange has received a Circular from SEBI Vide Ref. No. SEBI/HO/MIRSD/DOP/CIR/P/2020/255dated December 31, 2020 regarding Relaxation in timelines for compliance with regulatory requirements. The contents of the said circular are reproduced hereunder for your information.
Quote: CIRCULAR
SEBI/HO/MIRSD/DOP/CIR/P/2020/255 December 31, 2020
To,
Madam / Sir,
Subject: Relaxation in timelines for compliance with regulatory requirements
SEBI/HO/MIRSD/DOP/CIR/P/2020/61 |
dated |
April |
|
16, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/62 |
dated |
April |
|
16, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/68 |
dated |
April |
21, |
2020 |
and |
SEBI/HO/MIRSD/DOP/CIR/P/2020/72 dated April 24, 2020.
SEBI/HO/MIRSD/DOP/CIR/P/2020/101 |
dated |
June |
|
19, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/112 |
dated |
June |
|
30, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/141 |
dated |
July |
|
29, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/142 |
dated |
July |
|
29, |
2020, |
SEBI/HO/MIRSD/DOP/CIR/P/2020/191 |
dated |
October |
01, |
2020 |
and |
SEBI/HO/MIRSD/DOP/CIR/P/2020/235 dated December 01, 2020, timelines / period of exclusion were further extended for certain compliance requirements.
S. No. |
Compliance requirements for which timelines are extended |
Extended timeline / Period of exclusion |
I |
Maintaining call recordings of orders/ instructions received from clients. |
February 28, 2021. |
S. No. |
Compliance requirements for which timelines are extended |
Extended timeline / Period of exclusion |
II |
KYC application form and supporting documents of the clients to be uploaded on system of KRA within 10 working days. |
Period of exclusion shall be from January 01, 2021 till February 28, 2021.
A 15-day time period after February 28, 2021, is allowed to clear the back log. |
Yours faithfully
Narendra Rawat
General Manager
Market Intermediaries Regulation and Supervision Department
Unquote: -
All Entities are requested to take note of the aforesaid guidelines of SEBI and act accordingly.
Dhiraj Chakraborty
Compliance Officer