In fact, credit at depositories
has declined over the past two and one-half years even as total credit in the economy continued to advance, and this pattern has left its imprint on the monetary aggregates and their velocities.
Of the total, 81 percent was in commercial warehouses, 18 percent in households, and less than one percent in NFA depositories
provide details of shareholders and bondholders including name, address and bank details to the respective issuer companies which, in turn, arrange for distribution of cash benefits.
partnerships with central securities depositories
of the CIS countries is one of NSD's priorities as Russia's central securities depository.
"In line with the CBB Law, the Clearing, Settlement and Central Depository Module lays down the detailed regulatory requirements regarding licensing, ongoing obligations on licensed clearing houses and securities depositories
, responsibility to maintain proper records, final accounts and auditing, finality of settlement, compliance issues, maintenance of confidentiality, business rules, business continuity plan and all other related activities and services that licensed clearing houses and securities depositories
undertake," said capital markets supervision directorate director Ali Salman Thamer.
These include improvements in the timeliness of account information provided to depository institutions; more frequent open market operations geared increasingly to daily payment needs rather than two-week-average requirements; a shift to lagged reserve requirements, which give depositories
and the Federal Reserve advance information on the demand for reserves; and improved procedures for estimating reserve demand.
The Act enables the creation of new foreign capital depository institutions (depositories
) available solely for non-resident alien customer liquid assets and precious metals accounts.(3) It amends more than one hundred Montana statutes, and creates two new statutory chapter parts.
The success of the immobilization within depositories
of corporate debt, with approximately 75 percent of all outstanding corporate debt (and much higher percentages of recent issues) held in depositories
, makes global book-entry the logical choice.
ISLAMABAD -- In line with its efforts to strengthen the capital market and as part of subsidiary legislation under the Securities Act, 2015, the Securities and Exchange Commission of Pakistan (SECP) has issued draft Central Depositories
(Licensing and Operations) Regulations, 2015.
Excess reserves are reserve balances that depositories
hold in Reserve Banks in excess of the balances needed to meet reserve requirements.
Several companies told Hegar they were skeptical that the Texas depository could ever gain membership in COMEX, which currently requires that all its licensed gold depositories
be located within 150 miles of New York City.