The Bombay Stock Exchange (BSE) on August 21, 2026, issued a notification regarding Action Taken Report for Observations Reported in Inspection of Authorised Persons.
The following has been stated: -
•The Exchange has reiterated the disciplinary timelines prescribed under Notice No. 20251010-71 dated October 10, 2025, for non-compliances identified during AP inspections.
•Trading Members (TMs) must take disciplinary action within 2 months from the end of the quarter and submit the ATR with closure status within 3 months.
•However, where termination is prescribed, action must be taken within 7 days of receipt of the inspection report/identification of non-compliance.
•The revised requirements will apply to AP inspection reports for July–September 2026 quarter onwards.
The detailed notification is given in the document below.
[Notification No.: 20260821-26]
