Submission of Corrective Action Report for System Audit Report
BSE notice 20260907-15 · 07 Sept 2026
Official title
Submission of Corrective Action Report pertaining to System Audit Report of Trading Members for the period ended March 31, 2026
Official record
Open source pageSummary
Check the official recordWhat changed
Trading members must submit a Corrective Action Report for non-compliances identified in the System Audit Report for the period ending March 31, 2026. Members perform corrective actions for each reported non-compliance. Auditors review these actions and update the compliance status as Compliant or Non-Compliant in the BEFS portal. Members submit the report electronically through the BSE Electronic Filing System portal. The deadline for submission is September 30, 2026. Members must also review the guidelines on the rationalization and standardization of penalties.
What you must do
- Take corrective action for each non-compliance reported in the System Audit Report.
- Submit the Corrective Action Report through the BEFS portal.
Key dates
- Effective from
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260907-15 |
|---|---|
| Notice Date | 07 Sep 2026 |
| Category | Compliance |
| Segment | General |
| Department | DOSS |
| Subject | Submission of Corrective Action Report pertaining to System Audit Report of Trading Members for the period ended March 31, 2026 |
| Attachments | No Attachment |
[Image omitted. See the official document.]
To All Members,
This is with reference to Exchange 20260422-34 dated April 22, 2026, and Exchange Notice No. 20260511-23 dated May 11, 2026, regarding submission of System Audit Report of Trading Members.
Trading Members are required to take corrective action for each non-compliance reported by the auditor in the System Audit Report for the audit period ended March 31, 2026, and submit Corrective Action Report (CAR) for non-compliances. On review of details of corrective action report submitted by trading member, the auditor shall submit the status of compliance as Compliant or Non-Compliant through BEFS Portal as per below mentioned timelines.
| Report Type | Due date for Submission |
|---|---|
| Corrective Action Report (CAR) for System Audit Report for the period ending March 31, 2026. (If Applicable) | September 30, 2026 |
The Corrective Action Report and related documents should be submitted only in electronic form through BEFS portal (BSE Electronic Filing System). The web-link for submission of the CAR (Corrective Action Report) is given below: https://membersso.bseindia.com > BEFS > System Audit Report > Corrective Action Report. (TOR II CAR or TOR III CAR).
Trading members are requested to take note of Annexure 1 of Exchange notice no. 20260417-45 dated April 17, 2026, regarding “Ease of Doing Business - Rationalization and Standardization of penalties levied on Trading Members”.
All Trading Members are advised to take note of the above and comply.
For and on behalf of BSE Ltd
Richa Ghosh
Deputy Vice President
Member Oversight
Dhananjay Mudgal
Assistant Vice President
Member Oversight
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 07 Sept 2026
- Document number
- 20260907-15
- Issuing division
- DOSS
- Effective date
- 30 Sept 2026
- Coverage area
- securities