‹ Central Depository Deemed a Bare Trustee Central Depository and Depository Participant not Liable for Loss › CSD-2.6.14 A central depository shall, in relation to deposited securities which are registered in its name: (a) Not be deemed to have an interest in relation to the book-entry securities which are registered in its name; and (b) Be deemed to be a bare trustee. ‹ Central Depository Deemed a Bare Trustee Central Depository and Depository Participant not Liable for Loss ›