Media Release

BSE has finalise the norms for delayed/ non-submission of data relating Risk Based Supervision (RBS)

Mumbai: March 16, 2016: SEBI had formulated a Risk Assessment template in consultation with Stock Exchanges and had directed the Exchange to provide the data/details to SEBI (ongoing basis) which include certain data/details to be submitted by Trading Members to the Exchange.

To facilitate such submission by Trading Members, BSE has made a provision in BSE Electronic Filing System (BEFS) for Trading Members to provide the data on half yearly/ yearly basis, as applicable. Trading Members have been submitting the RBS data since 2013-14. However, there have been instances of delayed/ non-submission of data by Trading Members to the Exchange.

Hence, the Stock Exchanges, jointly in consultation with SEBI, has formulated the time table for submission of RBS data and also the penalty provisions for delayed/ non-submission of RBS data, which is made applicable for RBS data submissions relating to March 2016 and thereafter.

Media Contact

Yatin Padia

022 2272 8516

Yatin.padia@bseindia.com