The Bombay Stock Exchange (BSE) on February 23, 2024, issued the notification regarding the update on the Uniform Implementation of KYC requirements.
The following has been stated namely: -
• Reference is drawn to Notice No. 20231117-3 dated November 17, 2024, with respect to Uniform Implementation of KYC requirements.
• Exchange shall go live with the changes in FATCA and UBO Declaration on March 01, 2024 on BSE StAR MF platform.
• Changes in FATCA structure will be enabled in Manual as well as bulk upload method of entry.
• NPO declaration shall be mandatory to be provided for AOP, SOCIETY, and TRUST tax status
• FATCA and UBO details for Non-Individual will be accepted only through manual entry and bulk upload option.
[Notification No. 20240223-48]
