The capital markets watchdog has given time till December 31 to brokers to submit half-yearly networth certificate (as on September 30), reports on internal audit as well a system audit for half year ended on September 30, 2020.
Markets regulator Sebi on Tuesday relaxed compliance requirements for brokers and depository participants with regards to submission of reports pertaining to internal as well as system audit in the wake of the coronavirus pandemic. The decision comes after receiving representation from stock exchanges and depositories, the Securities and Exchange Board of India (Sebi) said in a circular.
The capital markets watchdog has given time till December 31 to brokers to submit half-yearly networth certificate (as on September 30), reports on internal audit as well a system audit for half year ended on September 30, 2020. Also, brokers have been give time till January 31 to submit report on cybersecurity and cyber resilience audit for half year ended on September 30.
Source: Moneycontrol
