|Submission of Internal Audit Report by trading members / clearing members for half year ended March 31, 2019
This is further to Exchange notice no. 20190408-34 dated April 8, 2019 wherein all trading members / clearing members were directed to submit the Internal Audit report for half year ended March 31, 2019 to the Exchange on or before May 31, 2019.
Stock brokers are reminded to submit the Internal Audit Report electronically through BEFS before the due date i.e May 31, 2019. Stock brokers may please note that the submission of Internal Audit Report for the half year ended March 31, 2019 after May 31, 2019 shall be treated as non-compliance and charges would be levied for the said non-compliance as below:
For Active Trading Members (who are required to submit the internal audit report)
Due time for submission : 2 Months (i.e May 31, 2019)
1 For 1st month after due date (from June 1, 2019), Fine of Rs. 200/- per day
2 Charges of Rs. 500/- per day from 2nd month after due date (i.e July 1, 2019 onwards) till date of submission or disablement
2 weeks’ notice shall be given to the Member after the 3rd month from the due date (i.e from September 1, 2019), subsequent to which the Member shall be disabled in all segments of the Exchange.
No documents are to be submitted in physical form.
In case of any queries / clarification, the stock brokers may contact Helpdesk on 022-30594000.
For and on behalf of BSE Ltd.
Kiran Sawant Priya Pillai
Asst. Gen. Manager Sr. Manager
Broker Supervision Broker Supervision