MCX issued a reminder for the Advisory for Financial Sector Organizations regarding Software as a Service (SaaS) based solutions

Jan 21, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Multi Commodity Exchange of India Limited (MCX) on January 20, 2025, issued the reminder for the Advisory for Financial Sector Organizations regarding Software as a Service (SaaS) based solutions.

The following has been stated namely: -

• The compliance of the advisory shall be reported by Member on half yearly basis that is for the period July 2024 to December 2024. 

• Members are required to submit the compliance through online Member Portal, the portal shall be available for submission till January 31, 2025

• Help file ‘Software as a Service (Saas)–help file’ is available on the SaaS submission online portal and on https://sftp.mcxindia.com/Common/Online portal help file folder.

• Members are once again reminded to submit the aforesaid submission in the prescribed format on the Exchange Portal on or before January 31, 2025.

[Notification No. MCX/TECH/031/2025]


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