ABOUT CUSTODIANS
A custodian is a legal person licensed by the Securities and Commodities Authority (SCA) to practice the Custody of Securities Services. These services cover the safekeeping of the securities for their clients and settle with trades' obligations in accordance to the custody agreement between the custodian and the client. For further info, please refer to the following:
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The Chairman of the Authority’s Board of Directors’ Decision No. (13/Chairman) of 2021 on the Regulations Manual of the Financial Activities and Status Regularization Mechanisms Rule Book.
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The Authority’s Board Of Directors’ decision No. (2/R) of 2001 concerning the regulations to trading, clearing, settlement, transfer of ownership and custody of securities.
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ADX’ Operational Rules.
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ADX’ Operational Procedures for DVP Model.