Notice No.   20200327-33   Notice Date   27 Mar 2020
Category   Compliance   Segment   General
Subject   Relaxation in Compliance requirements - COVID-19

This is in continuation to Exchange Notice No. 20200326-26 dated March 26, 2019 on relaxation in Compliance requirements - COVID-19

Stock brokers are requested to take note that Point No. 1 of the aforesaid notice is amended as under:

In consultations with other stock Exchanges the Trading members working from designated alternate locations, in accordance with BSE Exchange notice no. 20200320-59 dated March 20, 2020, shall be exempted from the penal   provisions   for   not   maintaining   call   recordings   of orders/instructions  received from clients  till  April 30, 2020 instead of March 31,2020.  However,  the trading  member shall  send  a  confirmation  on  the registered  mobile  number  of  the  client  or through other legally verifiable modes, immediately  after  execution  of  the order. Stock Brokers shall review and ensure that correct Email ID & mobile numbers are updated in the Exchange UCC database for the client in order to enable the Exchange to send trade confirmations.”

All Stock brokers are requested to take a note of the above and comply.


For and on behalf of BSE Ltd.  


Kiran Sawant                                                               

Asst. Gen. Manager                                                                                            

(Brokers’ Supervision)