August 21, 2017
BSE has asked trading and clearing members to report preparedness for furnishing Aadhaar details of their clients by the year-end in order to comply with the new prevention of money laundering rules. The period would be calculated from the date of starting the account-based relationship. For clients having an account-based relationship with reporting entities prior to June 1, Aadhaar details have to be submitted by December 31, 2017. In case of failure to submit the documents within the prescribed time limit, the account would be suspended till the Aadhaar details are submitted by the client. BSE had also said that it is required to report to the Sebi on the preparedness of the trading members.