The National Stock Exchange (NSE) on November 29, 2023, notified regarding the Introduction of new functionalities in the Penalty Dashboard in continuation to Exchange Circular No. NSE/INSP/58613 dated September 27, 2023.
The following has been stated:
• Expected / Indicative penalty
• Directions are given by Relevant Authority for specific compliance
• IGRP orders / Arbitration awards
• Compliance Calendar
• Know Your Penalties (KYP)
The Exchange is in the process of incorporating more features in the Penalty Dashboard in subsequent releases to provide additional information to Members. The same will be intimated to all Members as and when it is implemented in the dashboard.
All Members are requested to note that the amount collected in the form of penalty does not constitute any part of the revenue of NSE. The entire amount of penalty collected is credited to the Investor Protection Fund (IPF) account.
For more information, please view the circular given below.
[Circular No: 106/2023]
