says that he cannot say who is the Maker and Checker of the
document under the transaction in Ex.P.20. He also says
that ... computer is taken one can see who is
the Maker and Checker of the transaction entered in the
computer with regard
otherwise.
ii. Originating banks may put in place an appropriate
maker-checker system to ensure that the account
number information furnished by their customers ... requested at branches, the
originating bank shall put in place a maker-checker
process with one employee expected to input the
transaction and the other
single witness during the inquiry,
despite the controversy involving "Maker-Checker" controls. Fixing liability
solely on the Petitioner as the "Maker ... meaningful opportunity. Second, it is argued that the "maker-checker"
framework in banking dilutes individual culpability and that the Petitioner
was singled
originating member should also ensure two factor authentications by adopting
maker-checker principle while originating a payment transaction. It is stated
that Clause ... originating member has to ensure two factor
authentications by adopting maker-checker principle while originating a
payment transaction. He further states that under Clause
Bank of Bikaner and Jaipur and had provided
information pertaining to maker, checker and time of 229 transactions of
account opening and funding of STDRs ... Singh 18553. There were other numerous
entries where the checker and maker was same i.e. accused K.K. Singh. It was
stated by this
well-established principle of accounting, also referred
to as the maker-checker system. In addition, there is a well-defined Audit
system in the Rajya ... relevant to mention that there is a strong maker-checker
accounting principle followed by Rajya Sabha as per the Handbook before
Crl.M.C.4956
Depositories and Participants) Regulations, 1996, "A Participant shall follow the Maker-Checker concept in all of its activities to ensure the accuracy
The Securities And Exchange Board Of India (Depositories And Participants) Regulations, 1996
SECURITIES AND EXCHANGE
Members was suspected and that the User ID/Password of
the Maker/Checker for the SWIFT System was compromised. RBI
had instructed all MDs/CEOs
Members was suspected and that the User ID/Password of
the Maker/Checker for the SWIFT System was compromised. RBI
had instructed all MDs/CEOs
