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
Regulation 50 - Furnishing of information and records by Bullion Depository and Vault Manager
International Financial Services Centres Authority (Bullion Market) Regulations, 2025 Chapter XI RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERS
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Bullion depository record-sharing obligations require transfer disclosures, vault records, and registration of empanelled vault managers. Regulation 50 establishes information-sharing and record-access obligations between bullion depositories and vault managers. Bullion depositories must ... Summary
Bullion depository record-sharing obligations require transfer disclosures, vault records, and registration of empanelled vault managers.
Regulation 50 establishes information-sharing and record-access obligations between bullion depositories and vault managers. Bullion depositories must provide vault managers with details of bullion transfers in the names of beneficial owners, in accordance with their bye-laws. Vault managers must make available specified relevant records concerning bullion held by the depository. A bullion depository may empanel only a vault manager registered with the Authority.
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