CBB Volume 6: Contents

Central Bank of Bahrain Volume 6—Capital Markets
Part A
Institutions
CSD — Clearing, Settlement and Depository
CSD-2 Clearing House and Central Depository Function
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CSD-2.8.7

Where a deposited security is charged or pledged by a securities holder (hereinafter referred to as "pledger") in favour of any personG ("pledgee"), a central depositoryG or a depository participantG , with or through whom the securities accountG of the securities holder is maintained shall, on a request on the prescribed form made by the securities holder or pledger, create a pledge on the relevant securities within the securities accountG .

Amended: April 2016
 Versions
(2 Versions)
 
May 1 2009 - Mar 31 2016Apr 1 2016 onwards
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