SEBI vide circular dated April 29, 2021 has issued relaxation for timeline for compliance with regulatory requirements. The due date for complying with requirement for maintaining call recordings of orders/instructions received from clients, uploading KYC application form and supporting documents of the clients on system of KRA, to operate the trading terminals from designated alternate locations, Client Funding Reporting and for Issue of Annual Global Statement to clients by the Trading Members / Clearing Members / Depository Participants / KYC Registration Agencies is extended till June 30, 2021. A 30-day time period is provided to SEBI Registered Intermediary after June 30, 2021 to clear the backlog.
