The Bombay Stock Exchange (BSE) on October 15, 2024, notified regarding the Market Access through Authorised Persons.
The following has been stated:
• It has provided an online system in BEFS for reporting inspections/supervision undertaken by the Members. The same can be accessed at https://befs.bseindia.com/login.aspx at the following path:
AP Registration -> Inspection of Authorised Person
• The reporting shall be done in the following manner:
o All inspections undertaken during the quarter till August 28, 2024, submissions to be done in the format as specified in the Notice No. 20211124-3 dated November 24, 2021.
o All inspections undertaken during the quarter after August 28, 2024, The Member should comply with guidelines prescribed in Exchange Notice No. 20240828-52 dated August 28, 2024, and submission to be done according to the format enclosed in Annexure B.
o Inspections undertaken during a particular quarter shall be reported within one month from end of the said quarter.
o In case no inspection is undertaken during a particular quarter, Members will have to mandatorily submit a “Nil” declaration for the said quarter.
• The Members are also hereby notified that they shall be mandatorily required to report any incidence, observed by them, involving assured returns or any unauthorised schemes operated by the AP, to the Exchange, within 2 working days.
[Notification No 20241015-48]
