Clarification to Enhanced Supervision Circular

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..... RSD2/CIR/P/2016/95 dated September 26, 2016, has issued guidelines covering broad areas for enhanced supervision based on the recommendation of the committee constituted by SEBI. Further SEBI issued certain clarification vide circular CIR/HO/MIRSD/MIRSD2/CIR/P/2017/64 dated June 22, 2017. 2. Subsequently, SEBI has received representations from the stock exchanges with respect to Clause 3.2 7 .....

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..... h respect to custodian settled clients. ii. Uploading of data as per clause 7 is hereby simplified and the stock broker shall not be required to upload the data for the following clients onto the stock exchange system: a) Custodian settled clients b) Client with zero funds and securities zero balances and also not traded in the last 12 months. iii. With respect to clause 7.1.4, it is c .....

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..... the above directions in co-ordination with one another to achieve uniformity in approach. 5. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets. 6. This Circular is available on SEBI webs .....

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