Relaxation in timelines for compliance with regulatory requirements by SEBI

03 Aug 2021Assurance

The COVID-19 pandemic has been disruptive to life and business. With the second wave of the pandemic gradually drawing to a slow end, anxious anticipation for the third wave has unquestioningly begun. In view of the difficulties and bottlenecks that have arisen owing to the pandemic and on account of representations that have been received from Stock Exchanges, the Securities and Exchanges Board of India (SEBI) has decided to extend the timelines for compliances with regulatory requirements by Trading Members, Clearing Members, KYC Registration Agencies. The extended timelines have been laid down in Circular SEBI/HO/MIR SD/DOP/P/CIR/2021/607 dated 31 July 2021.

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