The Central Depository Services (India) Limited (CDSL) on September 06, 2024, issued a notification regarding the submission of compliance for the closure of observations raised during the Annual System Audit.
The following has been stated: -
•Any observation raised by the auditor during the audit shall be remedied on an immediate basis and should be certified by the auditor.
•The compliance of closure of findings identified shall be submitted to CDSL within 3 months from the due date of submission of the report.
•DPs are advised to submit compliance of closure of observations raised during the audit for the financial year 2023-2024 on or before September 30, 2024. The User Manual for submission of the same is enclosed as Annexure A.
[Notification No. CDSL/RISK/DP/POLCY/2024/512]