NATIONAL STOCK EXCHANGE OF INDIA LIMITED

INSPECTION DEPARTMENT

CIRCULAR

DOWNLOAD REF.NO: NSE/INSP/8011

Circular No. NSE/INSP/2006/54                                                     Dated:    13th October 2006

 

To

All Trading Members

 

 Sub:  Compliance training programmes

 

The Exchange has initiated a lot of measures over the past few years to generate awareness among trading members regarding the importance of compliance with the rules, regulations and circulars of SEBI, Exchange and NSCCL. It may also be noted that apart from conducting seminars to impart comprehensive knowledge and proper understanding of the compliance requirements, Compliance Officers (Brokers) Module has been introduced under NCFM programme to test the knowledge of compliance officers and other officers of trading members, their sub-brokers and authorised persons. In order to spread the compliance culture among the broking community and to enhance the level of compliance further, the Exchange also proposes to conduct more focused and specialised training programmes with the coordination of trading members. Trading members desirous of utilising the facility for the benefit of their officials, sub-brokers and authorised persons are requested to send the following details in order to enable the Exchange to formulate suitable methodology for compliance training programmes.

 

  1. Areas of compliance in respect of which training is required

-          Dealing with Clients

-           Maintenance of Books of Accounts and Records

-          Trading related compliance

-          Risk and settlement related compliance

-          Dealing with Intermediaries

-          Membership related compliance

-          Code of Conduct

-          Any other areas (please specify)

  1. Number of employees, sub-brokers and authorised persons participating
  2. Location (City / Town / District)
  3. Preferred days of week and time of day

 

The requests may be addressed to :

Inspection Department

National Stock Exchange of India Limited

Bandra – Kurla Complex

Bandra (E), Mumbai – 400 051

Fax : 022 – 2659 8195

Trading members are also advised to indicate whether any training is required for Compliance Officers (Brokers) Module of NCFM programme and if so, details of such requirement also may be given.

 For any clarifications and further details, trading members may contact the following officials:

Ms Harshda Dubey,  Mr. Ankit Badalia

            Phone no.:      2659 8196 (D)

                                    2659 8100 – 8114    Extn. no. 5115  /  5127

 

For National Stock Exchange of India Limited

 

A.Sebastin

Assistant Vice President

Inspection Department