The Bombay Stock Exchange (BSE) on December 28, 2023, issued a notification regarding Trading supported by Blocked Amount in Secondary Market – UPI Mechanism – API PROD – December 28, 2023.
On 23rd June 2023, SEBI issued a circular on “Trading Supported By Blocked Amount In Secondary Market”.
- From the implementation perspective of the said circular, all MIIs have deliberated on standard operating procedures to be followed, and the same was disseminated to members under notice.
- Member API Specification for UPI Mechanism was disseminated to members under the notice.
- NPCI Reference Document for members to connect to UPI Block Mechanism functionality was issued under notice.
- For Member API testing purposes ‘Test Environment’ details were issued to members under notice.
Member API PROD implementation perspective, members are requested to follow below mentioned procedure to establish access to the said API.
[Notification No. 20231229-31]
