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<h1>SEBI Issues Vault Managers Regulations, 2021: New Rules for Gold Storage and Trading Effective December 31, 2021.</h1> The Securities and Exchange Board of India (SEBI) released the Vault Managers Regulations, 2021, effective from December 31, 2021. These regulations govern the registration and operation of Vault Managers, who provide storage and safekeeping services for gold intended for trading in Electronic Gold Receipts. Applicants must be Indian-incorporated bodies with a minimum net worth of INR 50 crores and adequate infrastructure and insurance. Vault Managers must adhere to specific operational standards, maintain accurate records, and ensure the quality of stored gold. The regulations also outline procedures for registration, compliance, inspections, and penalties for non-compliance.