QUALIFICATION FOR MEMBERSHIP OF THE BULLION EXCHANGE OR BULLION CLEARING CORPORATIONInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
QUALIFICATION FOR MEMBERSHIP OF THE BULLION EXCHANGE OR BULLION CLEARING CORPORATIONInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
Bullion depository receipt creation requires depositor and beneficial owner accounts, with dematerialised issuance after bullion receipt and documents. Every depositor and beneficial owner must maintain an account with the bullion depository. After receiving bullion from a depositor and completion of ... Summary
Bullion depository receipt creation requires depositor and beneficial owner accounts, with dematerialised issuance after bullion receipt and documents.
Every depositor and beneficial owner must maintain an account with the bullion depository. After receiving bullion from a depositor and completion of requisite documentation, the bullion depository must create and manage a bullion depository receipt in the depositor's name. The receipt is to be issued in dematerialised form in the manner specified by the Authority.
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