Attention of the Trading Members is invited to the provisions outlined in the SEBI circular no. CIR/MRD/DP/54/2017 dated June 13, 2017 and Exchange Notice No. 20170615-23 dated June 15, 2017.
Trading members who have obtained approval for Margin Trading Facility from the Exchange are required to get their books of accounts related to margin trading facility offered by them audited and submit compliance certificate every six months. i.e. for the half year ending on 31st March and 30th September.
The certificate is required to be submitted as per attached format (Annexure 1) enclosed to this notice, duly signed by the Chartered Accountant who has audited books of accounts and other documents of the member, failing which it shall be treated as non-submission.
Trading Members who have obtained approval for offering Margin Trading Facility but have not commenced the same, need to submit a Self - Certified certificate as per attached format (Annexure 2) to this effect duly signed by their Compliance Officer/Designated Director by the due date.
Members may note that the scanned copy of the aforesaid certificate for half year ended March 31, 2025, must be submitted electronically through BEFS (BSE Electronic Filing System) by April 30, 2025. The link for submission of the information/data will be activated from 1st April, 2025.
The module for submission is enabled at following link:
https://befs.bseindia.com -> Margin Trading
Please find attached herewith the User manual needed for submitting the Margin Trading Compliance Certificate for the half year ending on March 31, 2025.
It may be noted that submission of Margin Trading Compliance Certificate shall be considered complete only after Trading Member submits the certificate to the Exchange through BEFS and receives an acknowledgment email. Certificate submitted in physical form or through email will not be considered as submission to the Exchange.
In case of any query, please contact us on details given as under:
For and on behalf of BSE Ltd.
Kaustubh Mundada Kalpesh Ganger
Asst. General Manager Manager
Member Oversight Member Oversight |