• CSD-3.11 CSD-3.11 Duty Not to Acquire or Deal in Deposited Securities by a Licensed Central Depository

    • CSD-3.11.1

      No licensed central depository shall purchase, acquire, or otherwise deal in, any deposited security as principal other than for such purpose and in such manner as may be permitted by the CBB under this Module.

      Amended: April 2016

    • CSD-3.11.2

      A licensed central depository which contravenes the aforesaid provision shall be guilty of an offence and shall be subject to such penalty as the CBB may choose to levy.

      Amended: April 2016