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 in the format provided with this notice. It should be signed by the Chartered Accountant who has audited the books of accounts and other documents of the member.
Trading Members who have obtained approval for offering Margin Trading Facility but have not started the same, need to submit a certificate 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, 2024, must be submitted electronically through BEFS (BSE Electronic Filing System) by April 30, 2024.
The module for submission is enabled at following link:
https://befs.bseindia.com -> Margin Trading
Please find attached herewith the User manual (Annexure 1) needed for submitting the Margin Trading Compliance Certificate for the half year ending on March 31, 2024.
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 Exchange.
For further clarifications, if any, you may contact below mentioned officials:
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Contact no.
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Email ID
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022-2272 8435
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bse.reports@bseindia.com
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022-2272 5785
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For and On behalf of BSE Ltd.
Hiteshkumar Desai Josephine Baretto
General Manager Manager
Inspection Inspection
Encl: Format of Margin Trading Compliance Certificate.
PRESCRIBED FORMAT
(ON THE LETTERHEAD OF THE CHARTERED ACCOUNTANT)
CERTIFICATE
I/We have verified and audited the relevant books, records, and documents of M/s._________________________________ Clg. No _________________, trading member of BSE Ltd., for the period from __________ to ______________ and on the basis of the relevant information and explanation submitted to me/us and to my/our satisfaction, I/we certify that the trading member had complied with the conditions of margin trading facility as prescribed in circular No. CIR/MRD/DP/54/2017 dated June 13, 2017, issued by Securities and Exchange Board of India.
Name of Chartered Accountant / Firm
Signature and Seal of Chartered Accountant
Membership Number
UDIN No.:
Place :
Date :
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