Depository participant eligibility expanded to require financial, operational, IT, insurance and shareholding disclosures in applications. Corrigendum adds documentary and procedural requirements for depository participant applications: audited financials showing net worth and paid up capital; descriptions of services to beneficial owners; staff organisation and key personnel experience; safekeeping and securities operations manuals and independent internal controls; detailed automatic data processing, data storage, backup and disaster recovery systems; insurance cover details; disclosure of shareholding in depositories and any proposed acquisitions; and an undertaking from the depository confirming the applicant's eligibility and compliance with participant criteria and bye laws.