The Bombay Stock Exchange (BSE) on October 23, 2023, issued the System Audit of Stock Brokers/Trading members for the half year ended September 30, 2023.
The following has been stated namely: -
• The Due Date for submission to the Exchange is as follows: -
1. Preliminary Audit report - November 30, 2023
2. Corrective Action Report - February 28, 2024
3. Follow on Report - May 31, 2024
• The Penalty/disciplinary action for Delay/Non-submission of Preliminary Audit Report/Corrective Action Taken Report/Follow on audit report and non-closure of observations has been stated in a tabular form.
• The Applicable penalties for each High/Medium/Low risk non-closure of non-compliances, which have not been closed in ATR have been stated.
• Reports are required to be submitted only in electronic form through BEFS (BSE Electronic Filing System)
[Notification No. 20231023-2]
