BSE issued a notification regarding the modification of Client Codes (All Segments) – enhancement in RTRMS (Real Time Risk Management System) and BEFS (BSE Electronic Filing System) modules

Jan 09, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on January 09, 2025, issued a notification regarding the modification of Client Codes (All Segments) – enhancement in RTRMS (Real Time Risk Management System) and BEFS (BSE Electronic Filing System) modules.

The following has been stated: -

•To strengthen Client Code Modifications (CCM), SEBI and the Exchange are upgrading the RTRMS and BEFS modules. From January 20, 2025, Trading Members (TM) will be required to input a reason code when modifying client codes in RTRMS and upload pre-trade evidence in BEFS. 

•The reason codes include errors, modifications with relatives, and allocation to related schemes. A new "reason code" column will be added to the existing bulk upload file.

The detailed notification is given in the document below.

[Notification No. 20250109-8]


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