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bruneilawsby aturio
In forceAs enacted
Contents

Part IV · Self-Regulating Organisations

105. Indemnity insurance

(1)

The senior management of the central securities depository must act in a prudent manner in the interest of members' accounts and the central securities depository is liable for any loss caused as a result of negligence or non-compliance with this Order or regulations made thereunder.

12)

A central securities depository must maintain adequate professional indemnity insurance at all times covering and indemnifying against liability for negligence by the senior management in respect of the loss of cash, securities or other assets of the central securities depository.

Report

Read on from s 106

Part X

Part X.

Read on from Part X

Part VI

Public Company Statements and Reporting Requirements

Read on from Part VI

Part VII

Capital Markets Services Licence and Representative'S Licence

Read on from Part VII

Part VIII

Books, Audit and Client'S Assets

Part IX

Read on from Part IX

Part X

Intervention Powers of Authority

Read on from Part X

Part XI

Complaints Committee and Investor Compensation Scheme

Read on from Part XI

Part XII

Financial Markets Services Panel

Read on from Part XII

Part XIII

General

Read on from Part XIII