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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Extends Compliance Deadlines for Trading Members Due to COVID-19; No Penalties for Delays Until May 17, 2020.</h1> The Securities and Exchange Board of India (SEBI) has extended compliance deadlines for trading and clearing members due to the COVID-19 pandemic and lockdown. The extensions apply to weekly and monthly client fund monitoring, daily margin trading reporting, and updates to key personnel's tax information. The deadline for issuing annual global statements to clients is also extended by one month. Reports delayed until May 17, 2020, will not incur penalties. Stock exchanges and clearing corporations must inform their members and publish this information on their websites. This action is taken under SEBI's authority to safeguard investor interests and regulate securities markets.
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