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Article NO. Content


Regulations Governing Securities Borrowing and Lending by Securities Firms  CH

Amended Date: 2015.11.02 
Article 17     Securities may be loaned only for a period of no more than 6 months starting from the execution date of a lending transaction.
     With the consent from both the lender and the borrower prior to the expiration of the borrowing/lending period under the preceding paragraph, the period may be extended for no more than 6 months, and an extension may be granted two times only. However, the parties may not request a change in any other terms or conditions of a borrowing/lending transaction.