Exchange periodically consolidates circulars issued by the department over the period of time to provide one single document to refer various policy and operational matters. This circular is consolidation of all the previous circulars issued by the Surveillance department in Currency Derivatives and IRD Segments.
It is also clarified that, “Notwithstanding any rescission,
A. Anything done or any action taken or purported to have been done or contemplated under the rescinded guidelines before the commencement of this Master Circular shall be deemed to have been done or taken or commenced or contemplated under the corresponding provisions of the Master Circular or rescinded guidelines whichever is applicable.
B. The previous operation of the rescinded guidelines or anything duly done or suffered thereunder, any right, privilege, obligation or liability acquired, accrued or incurred under the rescinded guidelines, any penalty, incurred in respect of any violation committed against the rescinded guidelines, or any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty as aforesaid, shall remain unaffected as if the rescinded guidelines have never been rescinded.”
This circular is available on BSE website at www.bseindia.com under Members à Information for Members.
For any further clarifications, members are advised to contact on 022-2272 3030 /1717 and email id bse.surv@bseindia.com
For & On behalf of BSE Ltd
|
Sachin Lad
|
Harish Kadam
|
|
Assistant General Manager
|
Manager
|
|
Surveillance
|
Surveillance
|
30th April 2024
|