Description

BSE reminds all active members to submit Risk Based Supervision data for H1 FY2025-26 through BEFS by November 30, 2025 to avoid penal charges.

Summary

BSE has issued a reminder notice requiring all active members to submit Risk Based Supervision (RBS) information for the period April 01, 2025 to September 30, 2025. The submission is mandatory for all members who have executed at least one trade during this period and must be completed electronically through BEFS (BSE Electronic Filing System) by November 30, 2025. Non-compliance will result in penal charges and disciplinary action as outlined in Exchange notice no. 20251010-20 dated October 10, 2025.

Key Points

  • This is a reminder for Exchange notice no. 20251007-01 dated October 07, 2025
  • RBS data submission is mandatory for all active members of BSE
  • Active members are defined as those who executed at least one trade during April 01, 2025 to September 30, 2025
  • Submission must be made 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. This is a reminder notice for existing RBS compliance requirements previously communicated in October 2025.

Compliance Requirements

  • Applicable to: All active BSE members who executed at least one trade between April 01, 2025 and September 30, 2025
  • Action Required: Submit RBS information/data electronically through BEFS
  • Submission Method: BSE Electronic Filing System (BEFS)
  • Penalty for Non-Compliance: Penal charges and disciplinary action as prescribed in Exchange notice no. 20251010-20 dated October 10, 2025

Important Dates

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

Impact Assessment

Market Impact: Low - Administrative compliance requirement with no direct market impact.

Operational Impact: Medium - All active BSE members must ensure timely submission of RBS data through BEFS to avoid penalties. Members need to allocate resources for data compilation and electronic submission within the specified timeline.

Compliance Impact: High for non-compliant members - Failure to submit by the deadline will result in penal charges and potential disciplinary action, which could affect member standing and operational permissions.

Impact Justification

Mandatory compliance requirement for all active BSE members with clear deadline and penalty provisions. Reminder notice for previously communicated requirement.