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Article NO. Content

Title:

Regulations Governing Book-Entry Operations for Centrally Deposited Securities  CH

Amended Date: 2025.05.14 (Articles 34, 35 amended,English version coming soon)
Current English version amended on 2023.12.29 
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).