SEBI vide Notification No. SEBI/HO/MIRSD/DOP/CIR/P/2020/255 has decided to extend the timelines for compliance with the following regulatory requirements by the trading members / clearing members:
i) Maintenance of call recordings of orders/ instructions received from clients has been granted extension till 28th February, 2021.
ii) KYC application form and supporting documents of the clients to be uploaded on system of KRA within 10 working days has been granted exclusion from January 1st, 2021 till February 28th, 2021. However, a 15-day time period after February 28, 2021, is allowed to clear the back log.
iii) With regard to KYC application form and supporting documents of the clients to be uploaded on system of KRA by the members, for which relaxation has been provided till December 31, 2020 clear the backlog, if any, by January 31, 2021.