In light of EU efforts for the harmonization between Member States regarding the regulatory and supervisory framework in the financial sector Europe, the recent Law 4569/2018 introduce new authorization requirements and new rules for the exercise of the national central depositories activity, with particular reference to the dematerialized securities clearing, settlement and custody.
In this edition (Download PDF)
- Who are affected by the new provisions
- How is Central Securities Depository S.A. affected
- What rights are provided to non-listed companies
- What is the applicable procedure for recording the securities
- What are the key changes regarding the form of the accounts that are currently maintained by CSDs
- What are the possible issues arising from the new framework