This is further to Exchange notice nos. 20230623-1 dated June 23, 2023 and 20230630-44 dated June 30, 2023 on Upstreaming of clients’ funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs).
Based on representations received from Members, Exchange is pleased to issue guidelines/ clarifications on the subject in the form of frequently asked questions (FAQs). The updated FAQs are enclosed as Annexure A for your reference.
All Members are advised to take note of the contents of the circular and 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 Richa Ghosh
General Manager Asst. Gen. Manager
Brokers’ Supervision Brokers’ Supervision
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