BSE notified regarding the update on the Revision of Client Master Structures

Nov 17, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on November 15, 2024, issued the notification regarding the update on the Revision of Client Master Structure on BSE StAR MF Platform.

The following has been stated namely: -

• Exchange has gone live with New Client Master Upload Structure (150 Fields) for updation of Guardian & Nomination Relationship details i.e. Nominee 1 Relationship, Nominee 2 Relationship & Nominee 3 Relationship at clients UCC level.

• The validation shall be enabled with effect from November 18, 2024.

• Members are to hereby note that, any orders received for fresh folio creation where Guardian and Nomination Relationship is missing or incorrect are liable to be rejected by RTA.

[Notification No. 20241115-7]


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