The Securities Exchange Board of India through circular dated July 30, 2021 has extend the timelines for compliances by Trading members/Clearing Members & KYC Registration Agencies. The due date for the following compliances are extended from July 31, 2021 to September 30, 2021:
- KYC application form and supporting documents of the clients to be uploaded on system of KRA within 10 working days.
- Submission of Internal Audit Report for Half year ended
- System Audit /Cyber Audit Report – Algo / Type III Members for the period ended March 31, 2021.
- Submission of System Audit Report for the period ended March 2021.
- Submission of Cyber Security & Cyber Resilience Audit Report for the period ended March 2021.
- Reporting of Risk Based Supervision.
- Maintaining call recordings of orders / instructions received from clients.
The due date to operate the trading terminals from designated alternate locations is extended from July 31, 2021 till December 31, 2021.