The International Financial Services Centres Authority (IFSCA) on December 12, 2023, notified renewal of recognition to it as Bullion Exchange and Bullion Clearing Corporation for one year, commencing on the 9th day of December 2023 to the 8th day of December 2024 in respect of bullion contracts, subject to the conditions stated herein below or as may be prescribed or imposed hereafter:
• The Bullion Exchange and Bullion Clearing Corporation shall comply with conditions as may be prescribed by IFSCA from time to time.
“Explanation: - “bullion contract‟ shall have the same meaning as assigned to it under International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020.”
[Notification No. IFSCA-PMTS/9/2023-Precious Metals]
