Depository registration procedures require specified forms, governance, disclosures and compliance for grant of certificate to commence operations. Prescribed forms and certificates govern registration and commencement of business for depositories and participants under the Depositories and Participants Regulations, 2018. Applications must include formation documents, financial particulars, governance and personnel disclosures, operational infrastructure details, risk management and disaster recovery arrangements, indemnity and insurance evidence, and declarations of compliance; share acquisitions require separate approval with background and fit and proper disclosures. Certificates of registration and commencement are conditional on statutory provisions and regulatory directives.