The Securities and Exchange Board of India through notification dated the 23rd March, 2021 has issued the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2021. The amendment provides following compliances for stock exchanges:
- A recognized stock exchange shall pay to the Board, based on its annual turnover, an amount specified under Part –A of Schedule -III of these regulations within thirty days of the conclusion of the relevant financial year:
- A recognized stock exchanges shall pay a flat regulatory fee of one lakh rupees on aggregate value of the transactions on agricultural commodity derivatives.
- A recognized stock exchange shall also pay to the Board, within fifteen days form the end of each quarter of a financial year, an amount equal to ten per cent of the aggregate of listing fees collected from the issuers whose securities are listed on it, during that quarter:
- A recognized stock exchange shall maintain such registers and furnish such returns or information to the Board in respect of its annual turnover, the listing fees collected by it and the fee paid or payable under these regulations, as may be specified by the Board.
