Code of conduct

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... i. take reasonable care to organize and control its affairs responsibly and effectively, with adequate risk management systems. iii. maintain adequate financial resources. iv. observe proper standards of market conduct in all their businesses relating to vaulting services. v. maintain the highest standards of integrity, fairness and professionalism in the discharge of its duties. vi. exercise due .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nd to other Vault Managers, depositories and clearing organizations all such co-operation that is necessary for the conduct of business in the areas of inter-vault settlements, transfer and withdrawal of gold. xiii. ensure that an arm s length relationship is maintained, both in terms of staff and systems, from its other businesses. xiv. be liable for loss of or any damage to the gold caused by it .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X