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FE Rules2007 Real-time Online Software Systems

REAL-TIME ONLINE SOFTWARE SYSTEMS

EPD Circular Letter No. / 06 March 31, 2007


In order to strengthen and streamline the internal controls and overall workings of the Exchange Companies of \'B\' Category [EC(B)], it is advised to ensure the following with the timelines given thereagainst:

  Sr. No Requirements   Timelines
  1 a. Ensure installed efficient software fully capable of fulfilling the business & reporting requirements.
b. System generated receipts should be issued in accordance with the instructions and Rules & Regulations prescribed for EC(B)s including Rules No. 17, 18 and 19.
c. The computer systems must be integrated and interconnected through networking. d. Such software be installed / used which have the capability of working on real-time online basis.
  May 31, 2007
 
  2 All the branches of EC(B)s are required to be real time online with their Head Offices.    August 31, 2007


The Exchange Companies of \'B\' category are directed to meticulously comply with the above instructions.

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