BSE Ltd.

09/30/2024 | Press release | Distributed by Public on 09/30/2024 06:55

Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries

NOTICES
Notice No. 20240930-35 Notice Date 30 Sep 2024
Category Compliance Segment General
Subject Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries
Content
This is with reference to SEBI circular no. SEBI/HO/MIRSD/DOS2/CIR/P/2019/10 dated January 4, 2019, Exchange notice no. 20190107-8 dated January 7, 2019 regarding "Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries" and Exchange notice no. 20231212-50 dated December 12, 2023 on the revised timeline for reporting of Artificial Intelligence (AI) and Machine Learning (ML) applications and systems.

Accordingly, Trading Members are required to submit the details on the captioned matter for the Half Year ended September 2024, as per the applicability criteria given below:

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Intermediary<_o3a_p>
Revised Timeline for reporting of AI/ML applications<_o3a_p>
Trading Members using Algorithm software<_o3a_p>
Half yearly basis within 15 calendar days of the expiry of the half year<_o3a_p>
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Link of BEFS for submission is as given below:
https://befs.bseindia.com/-> Reporting Form (A I M L)
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Trading Members, who are offering or using applications or systems as defined in Annexure 'B' to aforesaid SEBI Circular are required to submit the details in AI/ML Reporting Form. Further, Trading Members who are not offering or using the applications or systems as defined in Annexure 'B' are also required submit the AI/ML Reporting Form by selecting the option as "No" in BEFS.<_o3a_p>
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It may be noted that submission of AI/ML details shall be considered complete only after Trading Member submits the same to the Exchange through BEFS and receives an acknowledgment email. Details submitted in physical form or through email will not be considered as submission to the Exchange.
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The referred Annexure 'B' and User Manual is attached on the top right after clicking on the module in BEFS.
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Trading Members may note that the aforesaid details for the period ending September 30, 2024, must be submitted electronically through BEFS (BSE Electronic Filing System) by October 15, 2024.
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In case of any query, please contact us on details given as under:<_o3a_p>
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Contact Nos<_o3a_p>

Email Id<_o3a_p>

022-69158540 <_o3a_p>

[email protected]<_o3a_p>

022-45720640<_o3a_p>

022-45720440<_o3a_p>

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For and on behalf of BSE Ltd. <_o3a_p>
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Kaustubh Mundada Kalpesh Ganger<_o3a_p>
Assi. General Manager Manager<_o3a_p>
Member Oversight Member Oversight<_o3a_p>