Investor Charter compliance required for vault managers, mandating adherence to Board-specified duties and operational obligations under regulations. Regulation 16C requires that the Vault Manager shall ensure compliance with the Investor Charter specified by the Board, making adherence to Board-prescribed investor-protection standards a regulatory duty under the Vault Managers Regulations, 2021.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investor Charter compliance required for vault managers, mandating adherence to Board-specified duties and operational obligations under regulations.
Regulation 16C requires that the Vault Manager shall ensure compliance with the Investor Charter specified by the Board, making adherence to Board-prescribed investor-protection standards a regulatory duty under the Vault Managers Regulations, 2021.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.