Following the posting of the security, the minority shares are transferred to CapMan and a right to the redemption price is recorded on the minority shareholders'
book-entry securities accounts.
The company also said that at its meeting to be held on 26 October 2017, the board will decide on the record and payment dates of the second instalment, in accordance with the rules of the Finnish
book-entry securities system.
NCCPL became fully operational in 2003-04 and started catering to settlement of all
book-entry securities through NCSS, which has brought tremendous efficiency in the settlement mechanism and has reduced settlement risk significantly.
limited trust company that operates an electronic
book-entry securities clearing and settlement system.
In this connection the SECP has recently approved a project of Automation of Securities Settlement which has jointly been implemented by NCCPL and CDC to facilitate the market participants to automate the mechanism for settlement of
book-entry securities by eliminating the need for any manual intervention.
In this connection the SECP has recently approved a project of "Automation of Securities Settlement" which has jointly been implemented by NCCPL and CDC to facilitate the market participants to automate the mechanism for settlement of
book-entry securities by eliminating the need for any manual intervention.
Giovannini's group found that there were no EU-level rules on
book-entry securities (recorded electronically rather than held as a paper certificate) and that once securities were purchased, there were no guidelines on how they should be transferred from the seller to the buyer, especially where transactions were taking place between two or more EU member states.
The repercussions of these two incidents were critical factors in motivating market participants to move from definitive to
book-entry securities as quickly as they did.
The Federal Reserve and the Treasury explored ways to reduce the amount of time and paperwork associated with these transactions, and in January 1968 the Banks introduced
book-entry securities safekeeping and transfer.
Kinyuho iinkai [Financial Law Board], Shoken no furikae Kessai ni Kakaru hosei ni Kansuru chukan ronten seiri ni tsuite [Interim Note on Legal Rules Relating to
Book-Entry Securities Settlement], at 6 n.
Prices across all electronic payment services will decline 5 percent in 2002, reflecting lower prices for Fedwire funds and
book-entry securities transactions.
When the proper securities are identified, the securities are purchased as
book-entry securities.
