QUALIFICATION FOR MEMBERSHIP OF THE BULLION EXCHANGE OR BULLION CLEARING CORPORATIONInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
QUALIFICATION FOR MEMBERSHIP OF THE BULLION EXCHANGE OR BULLION CLEARING CORPORATIONInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
Vaulting recordkeeping requires separate electronic transaction accounts, prescribed retention, and inspection access for bullion market oversight. Vault managers must keep complete and accurate electronically retrievable records and accounts of vaulting transactions, including bullion received and ... Summary
Vaulting recordkeeping requires separate electronic transaction accounts, prescribed retention, and inspection access for bullion market oversight.
Vault managers must keep complete and accurate electronically retrievable records and accounts of vaulting transactions, including bullion received and withdrawn and bullion depository receipts issued. Vault-business records must be maintained in numerical sequence, separately from other business records, in the form, manner, and retention period specified by the Authority or relevant bullion depository. They must be available for inspection when required by the Authority, bullion exchange, or bullion depository.
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