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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The 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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