4th July 2023 |
Regulation, SIs
These regulations provide for the dematerialisation of applicable securities in line with the requirements of the Central Securities Depositories Regulation (Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014). Dematerialisation of all newly issued applicable securities will be required from 1 January 2023 and for all other applicable securities from 1 January 2025.
The Regulations provide for dematerialisation which involves the elimination of paper-based certificates of title in securities transactions and a move to electronic book-entry.
Topics:
Company Law, Company and Corporate Law