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
Vault manager registration requires prescribed applications, liability undertakings, financial and infrastructure eligibility, and a hearing before rejection. Registration of vault managers requires an application in the prescribed form and manner, accompanied by an undertaking accepting applicable liabilities. ... Summary
Vault manager registration requires prescribed applications, liability undertakings, financial and infrastructure eligibility, and a hearing before rejection.
Registration of vault managers requires an application in the prescribed form and manner, accompanied by an undertaking accepting applicable liabilities. Eligibility requirements may include prescribed net worth and infrastructure for operating bullion-storage vaults. Registration may be granted upon satisfaction of the applicable requirements, and an applicant must receive an opportunity of being heard before rejection.
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