Procedures of the Deposit Center

Section 1: Preliminary Provisions

1. Provisions and Definition

  • 1.1. This document specifies the Depository Centre Procedures that Depository Centre

    Members must follow to comply with provisions of the Securities Depository Centre

    Rules.

  • 1.2. The expressions and terms in these Procedures carry the same meaning as they do in

    the Capital Market Law and Glossary of Defined Terms Used in the Exchange Rules

    unless the text explicitly notes an alternate meaning.

  • 1.3. These Procedures will enter into effect as per its approval resolution.

2. Conditions for Depository Centre Membership

  • 2.1. Applicant that wishes to apply for a Depository Centre Membership must meet the

    conditions set out in the Securities Depository Centre Rules.

3. Membership approval and Activation

  • 3.1. Upon approval by the Depository Centre, the applicant must pay the membership fee.

    Details of required documentation and relevant deadlines for membership application

    process shall be published on the Depository Centre’s website.

  • 3.2. After the conditions stipulated in (3.1) are fulfilled, the membership will be activated

    in the Depository and Settlement System.

4. Fees, Payment and Invoice

  • 4.1. The Depository Centre will submit invoice to the Depository Centre Members on a

    periodic basis and define deadline for payment accordingly.

  • 4.2. The Depository Centre shall publish all fee types and their calculation method on its

    website.

  • 4.3. The Depository Centre shall notify the Depository Centre Members, at least, 30 days

    before imposing new fees or changing the fees.

5. Notices

  • 5.1. The Depository Centre shall publish notices on its website for clarification and

    details related to The Depository Centre Procedure.

Section 2: Accounts Structure and Types

8. Accounts attributes

  • 8.1. The Custody Member may activate the Holding settlement mechanism for any

    settlement instructions for each account opened by the Custody Member. Such

    instructions cannot be settled until the Custody Member activates the Releasing

    settlement mechanism.

  • 8.2. The Custody Members may enable or prevent their employees to access their

    accounts opened by the relevant Custody Member.

  • 8.3. The Custody Member must ensure that its accounts configured to flag the following

    activities:

    • 8.3.1. Depository Receipts;

    • 8.3.2. Exchange Traded Funds;

    • 8.3.3. Investment Funds;

    • 8.3.4. Corporate Actions fractions;

    • 8.3.5. Discretionary Portfolio Management;

    • 8.3.6. Employee Incentive Scheme;

    • 8.3.7. Custody Member’s Depository Receipts;

    • 8.3.8. Certificates; and

    • 8.3.9. Murabaha.

  • 8.4. The interested parties accounts (guardian account for minor investors or CCP

    Collateral Accounts) are registered at the Depository and Settlement System for the

    purpose of reporting and special processing.

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