International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter V GENERAL OBLIGATIONS OF A RECOGNISED DEPOSITORY
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Recognised depository co-operation supports prompt, accurate securities clearing, settlement, and business operations among market participants. Recognised depositories must extend necessary co-operation to beneficial owners, issuers and their agents, securities custodians, other depositories, and ... Summary
Recognised depository co-operation supports prompt, accurate securities clearing, settlement, and business operations among market participants.
Recognised depositories must extend necessary co-operation to beneficial owners, issuers and their agents, securities custodians, other depositories, and clearing corporations. This obligation is directed at ensuring effective, prompt, and accurate clearance and settlement of securities transactions and the conduct of business.
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