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    <title>VAULT MANAGERS – PART I</title>
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    <description>SEBI&#039;s Regulations create a regime for registration and supervision of Vault Managers who provide storage, safekeeping and related services for gold traded as Electronic Gold Receipts. Applicants must satisfy corporate, financial, infrastructure, insurance and procedural requirements, apply via Form A, pay specified fees, and obtain a certificate subject to conditions including maintenance of net worth, disclosures of material changes, compliance with the Code of Conduct, investor grievance redressal and periodic fee payment. SEBI may inspect, audit, appoint auditors, and take action for defaults under the intermediaries framework.</description>
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    <pubDate>Sat, 08 Jan 2022 10:02:45 +0530</pubDate>
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