NSE directs trading members to submit undertaking to exchanges to access the information pertaining to all bank accounts.

The National Stock Exchange of India Limited vide its circular dated 6th January 2021 has advised the trading members to submit Undertaking/Authorisation to Exchange to access the information/statements pertaining to all bank accounts, maintained by members, opened/reported to the Exchange from time to time, from Banks or through a financial technology solution provider authorized by the Exchange.

Further, trading members shall not be required to submit updated/ fresh undertaking/authorisation to the Exchange for any new bank account opened.

Therefore all members are advised to submit the said undertaking/authorization on or before January 20, 2021.

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