Regulation 16 - Maintenance of books of account, records and other documents
International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025 Chapter III GENERAL OBLIGATIONS AND RESPONSIBILITIES
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Record retention requirements mandate electronic preservation of specified capital market records to ensure regulatory compliance and auditability. A capital market intermediary must maintain and preserve specified financial and client records in electronic retrieval form for a minimum of eight years, ... Summary
Record retention requirements mandate electronic preservation of specified capital market records to ensure regulatory compliance and auditability.
A capital market intermediary must maintain and preserve specified financial and client records in electronic retrieval form for a minimum of eight years, including balance sheets, profit and loss accounts, auditor's reports, quarterly net worth statements, AML/KYC compliance documentation, client account opening records and powers of attorney, records of capital market activities, complaint handling and any other documents the Authority may specify.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.