Description

BSE reminds all active members to submit mandatory RBS information for the period April 01, 2025 to September 30, 2025 by November 30, 2025 to avoid penal charges.

Summary

BSE has issued a reminder to all active members regarding the mandatory submission of Risk Based Supervision (RBS) data for the period April 01, 2025 to September 30, 2025. The submission must be completed electronically through BEFS (BSE Electronic Filing System) on or before November 30, 2025. Non-compliance will result in penal charges and disciplinary action as prescribed in Exchange notice no. 20251010-20 dated October 10, 2025.

Key Points

  • Reminder references original notice no. 20251007-01 dated October 07, 2025
  • Submission is mandatory for all active members (those who executed even a single trade during April 01, 2025 to September 30, 2025)
  • Data must be submitted electronically through BEFS (BSE Electronic Filing System)
  • Non-compliance will attract penal charges and disciplinary action
  • Members can contact BSE at 022-69158540/45720640/45720440 or email bse.rbs@bseindia.com for clarifications

Regulatory Changes

No new regulatory changes introduced. This is a reminder for existing RBS compliance requirements.

Compliance Requirements

  • Who: All active BSE members who executed at least one trade during April 01, 2025 to September 30, 2025
  • What: Submit RBS information/data for the specified period
  • How: Electronic submission through BEFS (BSE Electronic Filing System)
  • Consequences: Penal charges and disciplinary action for non-compliance as per Exchange notice no. 20251010-20 dated October 10, 2025

Important Dates

  • Reporting Period: April 01, 2025 to September 30, 2025
  • Submission Deadline: November 30, 2025
  • Original Notice Date: October 07, 2025 (notice no. 20251007-01)
  • Penalty Framework Notice: October 10, 2025 (notice no. 20251010-20)
  • Reminder Notice Date: November 19, 2025

Impact Assessment

Impact on Members: High - All active trading members must ensure timely submission to avoid penalties. Members need to allocate resources for data compilation and submission through BEFS before the deadline.

Regulatory Significance: This is part of BSE’s ongoing risk-based supervisory framework to monitor member activities and ensure market integrity. The mandatory nature and penalty provisions underscore the importance of this compliance requirement.

Operational Impact: Members need to prioritize this submission with only 11 days remaining until the deadline at the time of this reminder notice.

Impact Justification

Mandatory submission with strict deadline and penal consequences for all active BSE members who executed trades during the specified period