Relaxation of compliance timelines: deadline for RTA and market participant obligations extended due to Covid-19 impacts. SEBI revises its April 13, 2020 relaxations by adding processing of demat requests to the Annexure list, making thirteen eligible items for timeline relief. Compliance timelines for items 1-13 are extended to July 31, 2021 for intermediaries and market participants. Separately, the deadline for submission of the half yearly Internal Audit Report (IAR) by RTAs for the half year ended March 31, 2021 is extended to July 31, 2021. The circular is issued under Section 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
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Relaxation of compliance timelines: deadline for RTA and market participant obligations extended due to Covid-19 impacts.
SEBI revises its April 13, 2020 relaxations by adding processing of demat requests to the Annexure list, making thirteen eligible items for timeline relief. Compliance timelines for items 1-13 are extended to July 31, 2021 for intermediaries and market participants. Separately, the deadline for submission of the half yearly Internal Audit Report (IAR) by RTAs for the half year ended March 31, 2021 is extended to July 31, 2021. The circular is issued under Section 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
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