Sebi issues guidelines for inspection of warehouses by clearing corporations
Admin
May 29, 2024 10:44
110
Capital markets regulator Sebi on Wednesday simplified guidelines on the requirement of inspection of warehouses by clearing corporations.
In its circular, Sebi said that the requirement of two inspections in a calendar year can be done away with for accredited storage facilities with 'nil' stock, continuously during the preceding six months.
In these cases, the number of inspections by an independent agency can be limited to once in a calendar year, it added.
