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 preservation requires recognised market infrastructure institutions to retain specified accounts, governance records, and settlement information. Recognised stock exchanges must preserve prescribed books, account documents, and further specified records in electronic retrieval form for at least ... Summary
Electronic record preservation requires recognised market infrastructure institutions to retain specified accounts, governance records, and settlement information.
Recognised stock exchanges must preserve prescribed books, account documents, and further specified records in electronic retrieval form for at least twenty years. Recognised clearing corporations are subject to the same retention format and period for governance minutes, clearing member and settlement account details, transaction and deposit records, margin information, accounting books, bank statements, and further specified records.
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