SCORES is a grievance redressal system that was launched in June 2011.
In September, Sebi got here out with a round with respect to dealing with complaints acquired by SCORES platform for registered entities
Markets regulator Sebi on Friday prolonged the deadline until April 1, 2024 for the implementation of the framework for dealing with complaints acquired by the SCORES platform for registered entities and for monitoring such grievances by designated our bodies.
The pointers have been come into drive from December 4.
The designated our bodies are required to use for SCORES authentication and/or for Application Programming Interface (API) integration with SCORES inside a specified time interval.
“It has been decided to extend the effective date of implementation of the provisions to April 1, 2024,” the Securities and Exchange Board of India mentioned in a round.
In September, Sebi got here out with a round with respect to dealing with complaints acquired by SCORES platform for registered entities and for monitoring such grievances by designated our bodies.
Under the rules, all entities, together with firms, that acquired complaints of buyers by SCORES, should resolve them inside 21 calendar days of receipt of such grievances.
SCORES is a grievance redressal system that was launched in June 2011.
Investors can lodge their complaints on-line with Sebi, pertaining to the securities market, towards firms, intermediaries and market infrastructure establishments.
