Regulation 16 - Maintenance of books of account, records and other documents - International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025

16. Maintenance of books of account, records and other documents (1) A CMI shall maintain and preserve the following books of account, records and documents, in electronic retrieval form for a minimum of eight years, namely: - (a) a copy of the balance sheet at the end of each accounting period; (b) a copy of profit and loss account for each accounting period; (c) a copy of the auditor s report on the accounts for each accounting period; (d) a statement of net worth for each quarter; (e) documentation relating to compliance with the IFSCA (Anti Money Laundering, Counter Terrorist Financing and Know Your Customer) Guidelines, 2022; (f) documents relating to account opening of each client and any power of attorney or signature authority forms of the clients; (g) relevant records and documents relating to its activities in capital markets; (h) records relating to complaint handling and grievance redressal; (i) such other books of accounts, records and documents as may be specified by the Authority from time to time.