Revision to FATCA/UBO File Structure and Validations on BSE StAR MF Platform

NOTICE

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This is with reference to Exchange Notice No. 20260527-40 dated May 27, 2026, regarding Revision to FATCA/UBO File Structure and Validations on the BSE StAR MF Platform.

Members are hereby informed that, as per the communication received from the Registrar and Transfer Agents (RTAs), the following tax descriptions shall be included under the Non-Profit Organization (NPO) category for updating NPO details through the FATCA module on the BSE StAR MF platform:

1. Society
2. Trust
3. Foreign Contribution (Regulation) Act (FCRA)
4. Non-Governmental Organization (NGO)
5. Section 25 / Section 8 Company

Further, Members are hereby informed that RTAs shall implement validations pertaining to FATCA/UBO/NPO requirements for all categories of clients maintained in their records with effect from September 1, 2026.

The aforesaid changes and validations shall be applicable across:

• User Interface (UI)
• Bulk File Upload Utility
• APIs

Members are advised that, for transactions in non-demat mode where units are required to be created/allotted under a new folio at the AMC/RTA end, the FATCA/UBO/NPO details available at the time of UCC creation or any subsequent UCC modification shall be reported to the RTA's central team along with the transaction details for incorporation and maintenance in their records, as well as onward transmission to the respective AMC for processing and allotment.

Accordingly, Members must ensure that all FATCA/UBO/NPO-related information of their clients is accurately updated, complete, and duly verified prior to order placement. Any incorrect, incomplete, inconsistent, or missing information may result in rejection of the transaction by the respective RTA.

The detailed process notes pertaining to FATCA/UBO/NPO validations and the revised FATCA file structure are provided in the annexures below:

Members using third-party vendor solutions and/or in-house developed trading applications are requested to take note of the above changes and undertake the necessary system developments and modifications at their end well before the implementation date.

For queries relating to BSE StAR Mutual Fund Operations, Members may contact the Mutual Fund Helpdesk at 022-45720450/650 or 022-69158550 (available on business days between 8:00 a.m. and 7:00 p.m.). Members may also raise their queries through the CRS Portal at: https://bsecrs.bseindia.com

Arunkumar Ganesan VP - Mutual Fund

Mahesh Tare AVP - Mutual Fund