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Price:Rs.150/- Handbook on Internal Audit of Operations of Depository Participants About the book: The depository system was introduced in India in 1996 to ensure transparency and efficiency in the securities market transactions and to eliminate various hassles including paperwork involved in securities in physical mode. The depository system has ushered the securities market in a paperless era resulting the transactions being more efficient and effective, both in terms of time and cost. T+2 settlement being practiced today is only the outcome of depository system. Today, almost all transactions are settled in demat form. The Depositories Act, 1996 and SEBI (Depositories and Participants) Regulations, 1996, provide regulatory framework for functioning of depositories in India. National Securities Depository Ltd. (NSDL) and Central Depository Service (India) Limited (CDSL), the two depository service providers have authorized Practising Company Secretaries to undertake internal audit of the operations of Depository Participants (DPs). It contains all the detailed information with regard to depositories including an exhaustive checklist for conducting internal audit. The members of the Institute both in service and practice will find the publication useful. This Handbook will also be found useful by other professionals and depository participants. Price: Rs. 150/-
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