BSE notified regarding the Discontinuation of Reporting requirement of Summary of Settlement of Clients’ Funds

May 07, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on May 06, 2024, issued the notification regarding the Discontinuation of Reporting requirement of Summary of Settlement of Clients’ Funds.

The following has been stated namely: -

• The reporting requirement of settlement summary data has been discontinued from May 06, 2024.

• Members are advised to take note that the reporting requirement of UCC-wise settlement data within T+10 Trading days from the date of settlement of clients' funds, shall continue to remain applicable.

[Notification No. 20240506-46]


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