Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Regulation 49 - External monitoring, review and evaluation of systems and controls
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Chapter VII RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Annual inspection obligation requires depositories to review controls and forward the inspection report to the regulator. Regulation 49 requires every depository to cause an annual inspection of its controls, systems, procedures and safeguards and to forward a copy of the ... Summary
Annual inspection obligation requires depositories to review controls and forward the inspection report to the regulator.
Regulation 49 requires every depository to cause an annual inspection of its controls, systems, procedures and safeguards and to forward a copy of the inspection report to the Board, thereby obliging depositories to review internal systems and report findings to the regulator.
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