National Stock Exchange (NSE) today asked trading members to furnish details of their key management personnel by June-end, a move aimed at greater supervision.
The move comes after markets regulator Sebi, in September, put in place an enhanced supervision framework for stock brokers.
Under the guidelines, trading members are required to provide the details of their Key Management Personnel (KMP) along with their PAN and any change thereof to the exchange.
In a circular, NSE has directed trading members to update the details of their top officials like chief executive officer, managing director, company secretary, whole-time director and chief financial officer.
The exchange has fixed June 30, 2017 as the deadline to comply with its direction.
NSE has also asked trading members to update it about any change in the details sought by it within seven days of such change.
"Failure to adhere will be treated as non-compliance," said NSE.
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