Description

BSE releases penalty report for client code modifications of non-institutional trades during July 2025, available for download in Extranet.

Summary

BSE has made available the penalty report for client code modifications of non-institutional trades conducted during July 2025. The report (filename: PM0725.Clg no. In 11/08/25) has been uploaded to the EQUITY TRANSACTION FOLDER in Extranet for member access.

Key Points

  • Penalty report covers July 2025 client code modifications
  • Report filename: PM0725.Clg no. In 11/08/25
  • Available in EQUITY TRANSACTION FOLDER on Extranet
  • Members must save files for future reference
  • Based on Exchange Notices from July 29, 2011 and August 26, 2011

Regulatory Changes

No new regulatory changes introduced. This is implementation of existing penalty framework established in 2011.

Compliance Requirements

  • Trading members must download and save the penalty report
  • Members should retain files for future reference
  • Any queries to be directed to specified BSE officials

Important Dates

  • Report covers period: July 2025
  • Report release date: August 12, 2025
  • Reference notices: July 29, 2011 and August 26, 2011

Impact Assessment

Minimal market impact as this is a routine administrative process for penalty reporting. Affects only members who modified client codes for non-institutional trades during July 2025. No trading disruptions or new compliance burdens introduced.

Impact Justification

Routine administrative notice for penalty report availability with no immediate market impact