• Font Size:
  • S
  • M
  • L

Article NO. Content


Regulations Governing Securities Borrowing and Lending by Securities Firms  CH

Amended Date: 2015.11.02 
Article 32     A securities firm conducting book-entry central government bond borrowing and lending business shall enter into a borrowing and lending agreement with each customer.
    The borrowing and lending agreement under the preceding paragraph shall at least contain the following:
  1. Methods of trading and confirmation.
  2. Information to be included in a trade confirmation document.
  3. Borrowing or lending period.
  4. Handling fee rate, and lending fee rate expressed as an annual percentage rate.
  5. Method of redelivery and conditions for early redelivery.
  6. Collateral type, substitution, ratio, and maintenance ratio.
  7. Method of transfer or delivery of the subject securities and collateral.
  8. Calculation and payment of interest on cash collateral.
  9. Compensation of entitlements and actions upon event of default.
  10. Handling of customer information.
  11. Cause for termination.