BSE notified regarding the Bank Guarantees (BGs) created out of clients’ funds –Declaration

Apr 28, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on April 27, 2023, notified regarding the Bank Guarantees (BGs) created out of clients’ funds with reference to circular no 20230427-21, dated April 27, 2023.

An additional declaration from members is required to confirm sources of funds and the format is attached to the document as Annexure. 

[Notice No. 20230427-66]


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