GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATIONInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATIONInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
Regulation 45 - Agreement between depository and participant
International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter V GENERAL OBLIGATIONS OF A RECOGNISED DEPOSITORY
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Depository-participant agreements require recognised depositories to appoint one or more participants as agents through a formal contractual arrangement. Regulation 45 requires a recognised depository to enter into an agreement with one or more participants acting as its agents. The arrangement establishes ... Summary
Depository-participant agreements require recognised depositories to appoint one or more participants as agents through a formal contractual arrangement.
Regulation 45 requires a recognised depository to enter into an agreement with one or more participants acting as its agents. The arrangement establishes the required agency relationship between the depository and its participant or participants.
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