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Article NO. Content

Title:

Regulations Governing Securities Borrowing and Lending by Securities Firms  CH

Amended Date: 2015.11.02 
Article 2     A securities firm shall obtain approval from the competent authority to conduct securities borrowing and lending business.
    The term "securities borrowing and lending business" referred to in the preceding paragraph means business activities in which a securities firm borrows or lends securities from or to a customer, another securities firm, or a securities finance enterprise under an agreement stipulating redelivery of securities of the same class and quantity.