Approved intermediary obligations require compliance with scheme rules, recordkeeping, collateral standards, disclosure and adherence to broader laws. Approved intermediaries must comply with the Securities Lending Scheme and Board guidelines, apply any specified eligibility criteria for lenders and borrowers, specify fees and acceptable collateral and valuation norms, issue receipts documenting deposit and return of securities, maintain comprehensive records open to Board inspection, provide prescribed information and reports to the Board, and abide by any code of conduct while remaining subject to all other legal obligations.
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.
Approved intermediary obligations require compliance with scheme rules, recordkeeping, collateral standards, disclosure and adherence to broader laws.
Approved intermediaries must comply with the Securities Lending Scheme and Board guidelines, apply any specified eligibility criteria for lenders and borrowers, specify fees and acceptable collateral and valuation norms, issue receipts documenting deposit and return of securities, maintain comprehensive records open to Board inspection, provide prescribed information and reports to the Board, and abide by any code of conduct while remaining subject to all other legal obligations.
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