NSE Circular on : Undertaking-Authorisation to Exchange to access the information/ statements pertaining to all bank accounts (maintained by members) from Banks
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Date |
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28-12-2020 |
NSE |
Compliance Bank |
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Highlights of NSE Circular dated December 28, 2020 on Undertaking-Authorisation to Exchange to access the information/ statements pertaining to all bank accounts (maintained by members) from Banks NSE has decided to seek information/ statements pertaining to all Bank accounts maintained by members directly from the Bank or through a financial technology solution provider authorised by the Exchange and advised the Members to provide an undertaking for the same. Format of the same is enclosed as Annexure.
NSE also advised the Members to keep the Bank/s appropriately notified of the said authorisation to enable them to honour the instructions received from Exchange.
Further, Members are also required to submit updated/fresh undertaking/authorisation to the Exchange within seven working days of opening of any new bank account.
NSE further informed that an online facility will be provided to all members to submit the said undertaking/authorisation and a separate circular will be issued for the same.
NSE Circular no.NSE/INSP/46822dated December 28, 2020 is enclosed herewith for your ready reference. In case of any clarification or assistance required in implementation of this circular you may contact VANDANA VANIA – van...@secmark.in / 9223303460 SHARDUL SHAH - shard...@secmark.in/ 9869265949 / 9653415968 |
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