Mumbai, Aug 18 (KNN) With the view to check money laundering through stock markets, Bombay Stock Exchange (BSE) has asked its members to report on a monthly basis details of the STRs (Suspicious Transaction Reports) submitted to the government's Financial Intelligence Unit (FIU).
 
BSE said in a circular that the trading members are required to submit the data through a specific FIU-STR module of the online gateway BSE Electronic Filing System (BEFS). 

The members have been asked to provide details of their registration with the FIU, as also the information about the principal officer and the designated directors for the PMLA (Prevention of Money Laundering Act) compliance. 
 
Further, in case of change in the details submitted, members will need to update the relevant fields. 

BSE has also asked members to report the cumulative number of STRs filed with the FIU as on March 31, 2015. Thereafter, the members would need to report the number of STRs filed with FIU on a monthly basis. (KNN Bureau)