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Article NO. Content

Title:

Operating Rules for Securities Lending by Securities Firms  CH

Amended Date: 2019.10.29 (Articles 8 amended,English version coming soon)
Current English version amended on 2018.12.24 
Categories: Securities Exchange Market > Borrowing of Securities
Article 17     When securities are transferred from a securities firm's own securities account to a securities borrowing and lending account, the securities firm shall first return any securities of the same type that had been remitted from the securities borrowing and lending account into its own account, with the remaining balance transferred being taken as the amount of securities remitted from its own securities account into the securities borrowing and lending account; the same procedure shall govern the transfer of securities from a securities borrowing and lending account to a securities firm's own account.
    Borrowed securities in the securities firm's own securities account may not be loaned out.