NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : COMPLIANCE Download Ref No : NSE/COMP/32404

Date : May 19, 2016

Circular Ref. No : 265 To all members, Sub: Mandatory Insurance Cover for the Period 2016-17 As per SEBI directive dated January 19, 1996 it is mandatory for every trading member to have an insurance cover. Trading Members are therefore, requested to ensure that their Stock Brokers Indemnity Policy is in order for the period 2016-2017 w.e.f. 1st June, 2016. Trading Members are required to submit the details for the same through ENIT on or before 31st July, 2016. Members are required to note that – 1. Submissions of details of Stock Brokers Indemnity Policy is required to be made only in electronic format through ENIT by July 31, 2016. 2. Procedure for submitting details of Stock Brokers Indemnity Policy in electronic format through ENIT is provided at Annexure I. 3. Members opting for the Stock Brokers Indemnity Policy through ANMI need not submit the details of Stock Brokers Indemnity Policy through ENIT. 4. Failure to submit the details on ENIT, by 31st July, 2016, would be treated as noncompliance and attract a levy of late submission charges of Rs.100/- per day till the date of submission of required details. Trading members are requested to ensure compliance of the above.

For National Stock Exchange of India Limited

Nipa Simaria Chief Manager

ANNEXURE – I USER MANUAL FOR ELECTRONIC UPLOAD OF PROOF OF STOCK BROKERS INDEMNITY POLICY THROUGH ENIT (Electronic NSE interface for trading members) Members are required to follow the below mentioned procedure for submitting the proof of Stock Brokers Indemnity Policy through ENIT Step 1 : Login to Member Portal - ENIT with your username and password. Step 2 : Click on ENIT-Compliance menu (marked in red) on the left side as shown in below screenshot.

Step 3 : Under Compliance menu, there is a menu option named as Insurance (marked in red) with three sub-menus (New, View Current and View History) as shown in below screen.

Step 4 : Click on New sub-menu option and the screen below will be displayed.

Step 5 : In the above screen, the Member Code & the Member name will be auto populated. Update the other fields with details as mentioned below – 1. Enter the name of the Insurance Company who has issued the policy 2. Enter the Policy Number 3. Enter the Receipt Number 4. Enter the Receipt Date 5. Enter the name of the Insurance Company who has issued the policy 6. Enter the Date from which the policy is valid 7. Enter the Date upto which the policy is valid 8. Enter the amount of Premium paid 9. Enter the email id, wherein the Exchange can inform you regarding the status of your submission 10. Enter the mobile number, on which the Exchange can communicate in case of any queries 11. Attach the file containing the scan copy of the Insurance Policy Schedule & the Receipt only. Note : This field is non-mandatory. The file can be in the pdf, tif, zip and jpg formats. Please ensure the size of the attachment is less than 5MB.

Step 6 : After entering the above details click ‘SUBMIT’. The following screen will be displayed giving the submission reference number –

Step 7 : In order to view the details submitted to Exchange, Click on View Current submenu option. The following screen will be displayed.

Please ensure that the information submitted to the Exchange is accurate. Incase of any discrepancies in the information submitted, the same will be treated as non compliance and delayed/ non submission charges will be levied till the date of submission of accurate information. The information provided, will be verified by the Exchange. Incase –  the information provided has been accepted by the Exchange, the status of the submission will change from ‘NEW’ to ‘APPROVED’.  the information provided has not been accepted by the Exchange, the status will change from ‘NEW’ to ‘NOT APPROVED’. In this case the member will have to resubmit the details to the Exchange and delayed/ non submission charges will be levied till the date of submission of accurate information.