compliance guide - MCX

Compliance GuideMCX/COMP/313/2010 dated September 03, 2010. Further, as per Circular no.MCX/COMP/302/2013 dated September 5, 2013, Members are required to adhere to thePrevention of Money Laundering (Amendment) Bill 2011 and the Members may note that anyviolation or the non- compliance with the provisions of the said Act will be a legal offence andattract such legal consequences as stipulated in the said Act. Further, according to Circular no.MCX/COMP/302/2013 dated September 5, 2013, all the members of the Exchange are directedto inform the Exchange the name of such Principal officer appointed by them along with annualreturn for the financial year 2012-13. Henceforth while informing change in Principal Officer toFIU, Members are also required to mark copy of the letter to Membership department(additionally, a scanned of copy of the letter may be mailed at membership@mcxindia.com).Registration on FINnet Gateway:As per Circular No: MCX/COMP/102/2014 dated March 26, 2014, MCX/MEM/293/2014 datedSeptember 16, 2014 and MCX/MEM/403/2014 dated December 22, 2014, the Members arerequired to ensure that they register themselves on FINnet gateway (http://finnet.gov.in) andinform the compliance of the same to the Membership Dept. of the Exchange. Also, in case ofany subsequent changes, the member is required to update the Exchange with such change.15. Submission of Annual ReturnsMembers activated for trading as on 31st March of any year, are required to submit AnnualReturns to the Exchange for the financial year ending on such 31st March.Annual Returns are required to be submitted within the due date as prescribed by the Exchangefrom the end of respective financial year. Members are required to submit the documents in theformat prescribed by the Exchange as part of Annual Returns; which are indicated by theissuance of a circular every year.16. Submission of Annual Compliance Report (ACR)Members, who have traded on the Exchange platform for that particular financial year, arerequired to submit the Annual Compliance Report to the Exchange for that financial year endingon such 31st March.ACR is the gist of compliances to be followed by Members which is self-analysed by Membersand submitted to the Exchange annually.All Members are required to submit ACR to the Exchange within the timeline as prescribed bythe Exchange from time to time.17. BPO / KPO Services – Segregation thereof from Commodity Derivatives Market (ReferCircular No. MCX/COMP/127/2011 dated April 16, 2011)Any entity or any of its subsidiaries/ parent company/ related entities which is providing BPO/- 46 -