Services
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Asset Safekeeping
In a dematerialised environment, uncompromisable safe keeping of assets and maintenance of detailed ownership records through book entries are core functions of a Central Securities Depository that we take extremely seriously.
With FMDQ Depository, issuers and investors can be confident that legal, contractual and ownership rights of security assets are maintained, accessible and usable 24/7. Our services
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Collateral Services
FMDQ Depository’s Collateral Service provide investors the opportunity to be both tactical and strategic in the active management of their security assets.
The need for credit enhancement, liquidity constraints relieve, balance sheet management, search for yield, etc.
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Participation
At FMDQ Depository, we welcome participation of capital market operators and investors on our platform to leverage exemplary services designed to support your capital formation, asset safekeeping, risk management, regulatory compliance, and investment objectives.
Participation is grouped into Settlement Bank and Others with basic documentation requirements listed below:
- A certified true copy of the Memorandum and Articles of Association
- A certified true copy of the Board Resolution to register as a Participant with FMDQ Depository Limited
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Regulations
These are the operational and procedural rules issued by a FMDQ Depository for the purpose of ensuring orderliness, efficiency and security in the operation of the company as a Central Securities Depository. The regulations guiding the company’s activities align with global best practices including the International Organization of Securities Commissions (IOSCO) principles with clear focus onÂ- Investor protection by ensuring that securities lodged have approved prospectus and pricing information for primary market activities and subsequently, accurate beneficial ownership records are kept at all times
- Fair, efficient, and transparent market objective, which is supported by efficient execution of authorised instructions, Straight-Through-Processing capabilities, and significant level of workflow automation
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Securities Lodgement
Capital formation is challenging at best and FMDQ Depository’s primary objective is ensuring seamless interaction and process hand-off with requisite primary market participants to drive efficiency and cost effectiveness across the value chain. Our securities lodgement procedure encompassing engagement with relevant stakeholders and generation of reference data is simple and straight-forward. We maintain account structures that support depository participants and investors preference and distribution of securities to investors is done within a few hours of issuance. Furthermore, beneficial ownership records are maintained at a very high degree of fidelity which supports effective issuer and investor services. Our data security infrastructure and data confidentiality practices align with both global and local standards. -
Settlement
FMDQ Depository settlement service is driven by automation targeted at realising Straight Through Processing of all securities transactions. Our settlement operations are conducted with strong risk management principles that support Delivery-Versus-Payment (DVP) ensuring low-risk environment for depository participants and their clients. Robust operational and risk management framework as well as efficient processes executed on resilient technology solutions ensures zero failure in delivery of settlement outcomes.