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Article NO. Content

Title:

Regulations Governing Centralized Securities Depository Enterprises  CH

Amended Date: 2020.01.15 
Article 15     A CSDE shall in accordance with the FSC's requirement appropriate an indemnity reserve.
    The indemnity reserve as referred to in the preceding paragraph shall be deposited and maintained in a special account, and the funds in the said account shall not be utilized in any means other than those described below:
  1. Bank deposit or postal saving deposit.
  2. Purchase of government bonds and/or financial bonds.
  3. Other utilization as approved by the FSC.