Member’s attention is drawn to SEBI circular SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021, Exchange notice no. 20210922-64 dated September 22, 2021 and 20211022-44 dated October 22, 2021 on segregation and monitoring of collateral at client level wherein members were advised to submit the relevant details, as sought, to their respective Clearing Members in order to enable them to submit the same to Clearing Corporations. The trading members who are self-clearing members are required to report said data to Clearing Corporations.
Members are requested to note that data reported by them towards said submission to clearing member or clearing corporations as case may be, is used by the Exchange also for undertaking various supervisory activities. Based on the submissions made by the members, it has been observed that certain members are not reporting correct data. In view of the same, members are strictly advised to report correct data to their Clearing Members or Clearing Corporations as case may be, in accordance with the guidelines issued by clearing corporations from time to time.
Some of the common reasons of incorrect reporting observed in the said submission to Clearing Member /Clearing Corporation are listed out in enclosed Annexure A.
All members are advised to take note of the same and strictly comply.
In case of any queries/clarifications, you may reach us on the following contact details.
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Contact Nos.
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Email ID
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022- 2272 8435/5785
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bse.inspection@bseindia.com
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For and on behalf of BSE Ltd.
Hiteshkumar Desai Sandeep Sharma
General Manager Asst. Gen. Manager
Brokers’ Supervision Brokers’ Supervision
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