Board inspection powers permit examination of vault managers' records, bullion deposits, complaints, compliance, and suo motu market-interest inquiries.
Board inspection powers permit appointment of inspecting officers to examine a Vault Manager's books, records, documents and bullion deposits. Inspection may verify record maintenance, investigate relevant complaints, and ascertain compliance with applicable legal and regulatory requirements. Officers may also undertake suo motu inspection of a Vault Manager's affairs where appropriate in the interests of the securities market or investors.
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