Regulation 39 - Maintenance of books of accounts and records
International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter IV GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATION
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Electronic record retention requires recognised market infrastructure institutions to preserve prescribed accounts and clearing records for eight years. Recognised stock exchanges and recognised clearing corporations must maintain and preserve prescribed books of account, documents, and records in ... Summary
Electronic record retention requires recognised market infrastructure institutions to preserve prescribed accounts and clearing records for eight years.
Recognised stock exchanges and recognised clearing corporations must maintain and preserve prescribed books of account, documents, and records in electronic retrieval form for at least eight years. Clearing corporations must retain governing board and committee minutes, clearing-member and settlement-account details, transaction records, security and margin deposit records, client-margin collection details, ledgers, journals, cash books, bank statements, and further records specified by the Authority.
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