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  • Physical Securities

    • OFS-7.5.9

      Subject to the requirements of the CSD Module, unless the security is required to be in dematerialised form, the subscriber may request a certificate as evidence of his shareholding, which certificate must contain or be in the following form:

      (a) The serial number;
      (b) The par value and class of the security;
      (c) The name of the issuer and the authority under which it was incorporated;
      (d) The address of the registered office of the issuer;
      (e) The name and address of the clearing house, central depository institution, and/or securities ownership transfer agent, if it is different from the registered office of the issuer;
      (f) Where a rubber seal is imprinted, original signatures must support it;
      (g) Where an embossed seal is used, it may, subject to the Articles of Association of the issuer, be supported by facsimile signatures only;
      (h) Where only the seal is used without supporting signatures, the method or system of control by the issuer on the application of the seal must be approved by the auditor of the issuer, and a copy of such approval forwarded to the CBB;
      (i) The certificate security must be designed so that the paper quality and watermark forgery and/or alterations are easily detectable;
      (j) The printing of securities certificates must only be entrusted to recognised securities printers; and
      (k) The size of the certificate is prescribed by the clearing house and/or central depository, which is used by the issuers.
      January 2014

    • OFS-7.5.10

      [This Paragraph was deleted in October 2017]

      Deleted: October 2017
      January 2014