SEBI extends Covid-related reliefs for trading members, depositories

Sarkaritel
By Sarkaritel December 1, 2020 18:24

SEBI extends Covid-related reliefs for trading members, depositories


Mumbai, Dec 1  The Securities and Exchange Board of India (SEBI) on Tuesday extended the timeline of several relaxations of regulatory requirements for trading and clearing members along with depositories in the wake of the coronavirus pandemic.

The timeline for internal and system audit for half year ended September have been extended till December 31, said a SEBI circular,

Further, trading and clearing members can now submit by December 31 their half yearly net worth certificate as on September 30 and the cyber security and cyber resilience audit for half year ended on September 30 can be done till January 31, 2021.

Depositories can submit Internal Audit Report for the half year ended September 30, 2020 by the end of December.

The capital market regulator said that the decision has been taken in view of the prevailing situation due to Covid-19 pandemic and representations received from the stock exchanges.

“Stock Exchanges/Clearing Corporations and Depositories are directed to bring the provisions of this circular to the notice of their members and participants respectively and also disseminate the same on their websites,” it said.

Sarkaritel
By Sarkaritel December 1, 2020 18:24

Search the Website

Advertiser’s Logos

पानी पृथ्वी पर जीवन के लिए बहुत ज्यादा महत्वपूर्ण है, पानी के बिना पृथ्वी पर जीवन नहीं रह सकता।

Sarkaritel.com Interview with U P Singh (IAS), Secretary, Ministry of Jal Shakti & Drinking Water & Sanitation by Ameya Sathaye, Publisher & Editor-in-Chief, Sarkaritel.com

HEALTH PARTNER