RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERSInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERSInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
Regulation 50 - Furnishing of information and records by Bullion Depository and Vault Manager
International Financial Services Centres Authority (Bullion Market) Regulations, 2025 Chapter XI RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERS
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Bullion depository record-sharing obligations require transfer details to vault managers and restrict empanelment to registered vault managers. Regulation 50 requires bullion depositories to furnish vault managers with details of bullion transfers in the names of beneficial owners, in accordance ... Summary
Bullion depository record-sharing obligations require transfer details to vault managers and restrict empanelment to registered vault managers.
Regulation 50 requires bullion depositories to furnish vault managers with details of bullion transfers in the names of beneficial owners, in accordance with their bye-laws. Vault managers must provide bullion depositories with specified relevant records relating to bullion held by them. A bullion depository may empanel only a vault manager registered with the Authority.
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