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CIRCULAR REGARDING RELAXATION FOR COMPLIANCE WITH REGULATORY REQUIREMENTS

Updated on:30th Jul, 2021
In view of the prevailing situation due to Covid-19 pandemic and representation received from Stock Exchanges, it has been decided to extend the timelines for compliance with the following regulatory requirements by the Trading Members / Clearing Members / KYC Registration Agencies, as mentioned. KYC application form and supporting documents of the clients to be uploaded on system of KRA within 10 working days - Till July 31, 2021, documents may be uploaded on to the System of KRA within 15 working days. *A 30-day time period is provided to SEBI Registered Intermediary after July 31, 2021 to clear the backlog -Till September 30, 2021, documents may be uploaded on to the system of KRA within 15 working days. *A 30-day time period is provided to SEBI Registered Intermediary after September 30, 2021 to clear the backlog. Submission of Internal Audit Report for Half year ended (HYE) March-2021, System Audit /Cyber Audit Report – Algo / Type III Members for the period ended March 31, 2021, Submission of System Audit Report for the period ended March 2021, Submission of Cyber Security & Cyber Resilience Audit Report for the period ended March 2021, Reporting of Risk Based Supervision, Maintaining call recordings of orders / instructions received from clients - Till July 31, 2021 -Till September 30, 2021
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