SEBI again relaxes time for complying regulatory requirements by trading/clearing members

To, 1. All Recognised Stock Exchanges and Clearing Corporations (including those in International Financial Services Centres)
2. All Depositories
3. Trading members / Clearing Members through Stock Exchanges and Clearing Corporations (including those in International Financial Services Centres)
4. Depository Participants throu gh Depositories
5. KYC Registration Agencies

Madam / Sir,

1. In view of the situation arising due to COVID – 19 pandemic , lockdown imposed by the Government and representation s received from Stock Exchanges, SEBI had earlier provided relaxations in timelines for compliance with various regulatory requirements by the trading members / clearing members, vide circular nos. SEBI/HO/MIRSD/DOP/CIR/P/2020/61 dated April 16, 2020, SEBI/HO/MIRSD/DOP/CIR/P/2020/62 dated April 16, 2020, and SEBI/HO/MIRSD/DOP/CIR/P/2020/68 dated April 21, 2020.

2. In view of the prevailing situation and representations received from the Stock Exchanges, it has been decided to further extend the timelines for compliance with the regulatory requirements , by the trading members / clearing members / depository participants , mentioned in the aforesaid SEBI circulars, as under: