Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Issues Master Circular Unifying Guidelines for Electronic Gold Receipts, Trading, and Risk Management.</h1> The Securities and Exchange Board of India (SEBI) issued a Master Circular on June 1, 2023, consolidating guidelines for Electronic Gold Receipts (EGRs). This circular integrates previous directives on EGRs, risk management, and operational guidelines for vault managers and depositories, effective immediately. It details the framework for the creation, trading, and conversion of EGRs into physical gold, including the roles of stock exchanges, depositories, and vault managers. The circular emphasizes risk management, trading features, and compliance requirements for vault managers. It also rescinds previous circulars on EGRs, ensuring all stakeholders adhere to a unified set of regulations.