Sebi expanded its vault managers framework beyond Electronic Gold Receipts to cover bullion underlying specified ETFs and derivatives, while raising vault managers’ net-worth requirement to Rs 75 crore and strengthening security, segregation, compliance and governance requirements.
Sebi expanded its vault managers framework beyond Electronic Gold Receipts to cover bullion underlying specified ETFs and derivatives, while raising vault managers’ net-worth requirement to Rs 75 crore and strengthening security, segregation, compliance and governance requirements.
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