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Article NO. Content


Regulations Governing Book-Entry Operations for Centrally Deposited Securities  CH

Amended Date: 2021.03.29 
Article 20     The securities deposited with a CSDE shall be held in fungible custody without distinguishing the ownership of participants or of customers, and it is only necessary upon their withdrawal that the securities being returned are of the same type and quantity.
    Ownership shares of the securities deposited in aggregate with a CSDE as referred to in the preceding paragraph shall be calculated separately according to the quantity of securities deposited by each participant or its customer(s).