https://www.taxtmi.com/circulars?id=66772 The Master Circular consolidates the operational, custodial and market framework for Electronic Gold Receipts (EGRs): physical gold meeting prescribed standards is deposited with registered Vault Managers who create ISIN identified EGRs via a common depository interface; Depositories, Stock Exchanges and Clearing Corporations coordinate trading, reconciliation and extinguishment on withdrawal; Vault Managers must maintain specified security, insurance, recordkeeping, inspection and indemnity arrangements; and Clearing Corporations must apply mandated MTM, VaR and Extreme Loss margining with defined liquid asset haircuts and reporting. en-us Thu, 01 Jun 2023 00:00:00 +0530 Fri, 25 Aug 2023 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66772 The Master Circular consolidates the operational, custodial and market framework for Electronic Gold Receipts (EGRs): physical gold meeting prescribed standards is deposited with registered Vault Managers who create ISIN identified EGRs via a common depository interface; Depositories, Stock Exchanges and Clearing Corporations coordinate trading, reconciliation and extinguishment on withdrawal; Vault Managers must maintain specified security, insurance, recordkeeping, inspection and indemnity arrangements; and Clearing Corporations must apply mandated MTM, VaR and Extreme Loss margining with defined liquid asset haircuts and reporting. Circulars SEBI Thu, 01 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66772