Escalation and reporting mechanisms

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..... the compliance with the provisions of the framework under this Chapter of these regulations not less than once in a quarter and shall verify the adequacy and efficiency of the systems for internal control and reporting by analysing the relevant data. (2) The stock broker shall on the detection of any suspicious activity, inform the same along with the details to the stock exchanges, as soon as re .....

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..... form a part of the report to be submitted by the stock broker to the stock exchanges in terms of sub-regulation (3) of this regulation. (5) The stock broker shall obtain guidance from the stock exchanges on any suspicious activity which were identified by it, but the violation of the provisions of any applicable law in respect of such activity could not be ascertained due to the limited informat .....

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