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Article NO. Content

Title:

Regulations Governing Book-Entry Operations for Centrally Deposited Securities  CH

Amended Date: 2021.03.29 
Article 11     A CSDE may cancel the account of a participant if one of the following situations occurs:
  1. the participant has lost the necessary qualification of a participant;
  2. the participant has not used the account for a certain period of time; or
  3. other matters requiring cancellation of the account occur.
    A participant whose account has been canceled in accordance with the preceding paragraph shall undertake the account-closing matters pursuant to the rules and regulations prescribed by a CSDE.