MCX-Inspection Audit.


(Guest)

(A) LIST OF DOCUMENTS REQUIRE FOR INSPECTION – Every hard copy of documents should be signed by director authorised to sign.

  1. List of Books Maintained by member
  2. The networth certificate as on March 31, Certified by CA
  3. Shareholding Pattern/Profit Sharing Ratio as on March 31, Certified by CA and as on 30th November
  4. List of designated directors /Managing partners as on as on March 31, and as on 30th November List of designated Dominant Promoter Group as on as on March 31, and as on 30th November
  5. Details of Membership of other Commodity Exchanges, if any, in following format

 

Sr. No.

Exchange

Membership

No.

Type

UMC

 

 

 

 

 

 

  1. Whether member has made change in its constitution? if yes, Copy of approval obtained from Exchange
  2. List of Active Clients during the Inspection Period i.e. 1st April  to 30th November.
  3. Sample copy of duly executed Member Client Agreements
  4. Sample copy of duly executed Member Sub-Broker Agreements
  5. Sample copy of Know Your Client Forms
  6. Sample copy of Risk Disclosure Documents
  7. Brokerage ledger for the period 1st April  to 30th November
  8. Brokerage Rate of Clients
  9. A copy of running account authorization letters obtained from clients
  10. Detail List of Bank/Demat Accounts in following format

 

S. No.

Name of Bank/Demat

Account No.

Purpose

 

 

 

 

 

 

 

 

  1. List of Inactive Client A/cs with closing balance as on 30th November
  2. Details of terminals (TWS & CTCL), the users approved and the ones actually operating the terminals and copy of approval letter obtained from exchange
  3. Sample copy of contract note issued by the member
  4. Copy of MCCP Certificate
  5. Copy of FMC Certificate
  6. Copy of first Contract Note as  on 1st April …and as on 1st April
  7. Proof of delivery of Contract Note
  8. Register of Transactions
  9. Bank ledgers for Own and client account
  10. Margin Deposit Book
  11. Register of Complaints.
  12. Copy of latest Annual Returns submitted to the Exchange
  13. List of authorized person to sign on the contract note
  14. Copy of latest Annual Compliance Report submitted to the Exchange
  15. Statement of Client and Settlement  Bank A/c


Regards,

ketan joshi