To accelerate settlement operations subject to control for compliance with requirements of Presidential Decree No. 81 and Presidential Decree No. 520, the "OTC Express" service has been implemented, within which changes have been made to the instruction format in form MF010.
In instructions with operation codes 10, 16, 16/1, new fields have been added to the "Ultimate Sender" and "Ultimate Receiver" blocks for transmitting additional information about beneficiaries.
Securities transfers within one securities account are executed for all securities accepted for servicing in the depository, based on the depositor's depository instructions.
Transfers are executed for any securities accepted for servicing in the Depository between securities accounts of the owner (trust manager), as well as to securities accounts of Depositors from the emission securities account. Transfers can also be executed if, when transferring securities to the nominee holder's securities account, the sender and receiver of securities are the same person.
NSD carries out OTC transactions settlements by sender's instruction and with receiver's confirmation for all types of securities accepted for custody.
NSD provides depositors with the opportunity to carry out OTC transactions settlements by transferring all types of securities accepted for custody, with cash settlement control.