Central Securities Depository
According to Law 4569/2018 and ATHEXCSD Rulebook, the registering and monitoring of securities in the Dematerialized Securities System (DSS) on behalf of beneficiaries, upon their choice, may be provided in:
- individual segregated securities accounts or
- omnibus securities accounts in the name of a Registered Intermediary
Information on the disclosure of levels of protection and segregation of securities accounts for the protection of the securities of participants and the securities of their clients (art. 38 paragraph 6 of Regulation (EU) 909/2014) can be found here.
For listed shares, the shareholder status is evidenced either through holding of securities in an individual segregated securities account of the beneficiary at the DSS, or through the identification process for the beneficiaries holding securities in an omnibus securities account in the name of a Registered Intermediary. In the latter case, the shareholding status is evidenced in accordance with SRDII Directive (ΕU) 2017/828, IR (EU) 2018/1212 and Law 4706/2020
For other listed and non-listed securities, depending on their legal framework, their ownership is evidenced either through holding of securities in an individual segregated securities account of the beneficiary at the DSS, or in the books of the beneficiary's respective intermediary for securities held at top-tier in an omnibus securities account of a Registered Intermediary at the DSS.
ATHEXCSD, in the context of its role as Securities Registry, is one of the bodies that certifies the shareholder status towards the Issuer, providing identification services.
Securities Accounts' Structure
The creation of an individual or an omnibus securities account in DSS, as the case may be, is carried out either by a Participant of ATHEXCSD, at the choice of its beneficiary clients, or by ATHEXCSD.
The details of the beneficiary of an individual or an omnibus securities account in DSS are determined in the respective Share of the beneficiary in the DSS.
Α. Individual Segregated Client Securities Accounts
- Participant's Own Securities Account
It belongs to an ATHEXCSD Participant for its own account, and it is opened by the Participant itself.
- Client Securities Account
It belongs to the beneficiary owner of an individual segregated Client Securities Account, natural or legal person, and it is opened by an ATHEXCSD Participant of the beneficiary's choice.
- Issuer Securities Account
It is opened by ATHEXCSD for the Initial Recording of the Issuers' shares and the performance of corporate actions.
- Fund Manager Securities Account
It is opened by ATHEXCSD for the Initial Recording of the fund Manager's units and the performance of corporate actions.
- Fund Securities Account
It is opened by ATHEXCSD in the name of an Exchange-Traded Fund or Non Exchange-Traded Fund of a Fund Manager. A segregated Securities Account is maintained for each Fund managed by the Fund Manager.
- Intermediary Settlement Securities Account
It is opened by ATHEXCSD to serve the needs of settlement through the Provisional Settlement Account of an Intermediary for account of other beneficiaries.
- Member Settlement Securities Account
It is opened by ATHEXCSD to serve the needs of settlement through the Provisional Settlement Account of a Trading Member or a Clearing Member.
- Joint Investor Securities Account
It is opened in the DSS by an ATHEXCSD Participant for natural persons who are its clients, provided they are acting as joint beneficiaries of a joint securities account. It is identified by the persons of the joint beneficiaries as co-owners participating therein and by indication of succession in the event of the death of one of the joint beneficiaries.
- Co-Owner Securities Account
It is opened in the DSS by an ATHEXCSD Participant its clients, provided they are acting as joint beneficiaries and pro indiviso co-owners in the framework of inheritance succession. It is identified by the persons of the joint beneficiaries as co-owners participating therein and by the percentage of co-ownership of the Securities in the Securities Account.
- Trust Securities Account
It is opened in the DSS by an ATHEXCSD Participant in the name of a trust or similar legal arrangement and its trustee.
- Public Body Securities Account
It is opened in the DSS by an ATHEXCSD Participant in the name of the Public Body that is entitled to hold Securities on the basis of applicable provisions.
- Compulsory Deposit Securities Account
It is opened in the DSS by the Consignment Deposits and Loans Fund (C.D.L.F.) in its own name, as a Special Participant, for the management of compulsory consignments on titles maintained and monitored in the DSS, either in Client Securities Account or in Escrow & Compulsory Deposit Securities Account, in accordance with the rules governing the operation of the C.D.L.F.
- Escrow & Compulsory Deposit Securities Account
It is opened in the DSS by an ATHEXCSD Participant in the name of:
- the escrow agent, in the case of escrow or other similar arrangement in accordance with applicable provisions
- the Consignment Deposits and Loans Fund (C.D.L.F.), in the case of a compulsory deposit in accordance with the rules governing the operation of the C.D.L.F.
Β. Omnibus Clients Securities Accounts
- Omnibus Clients Securities Accounts in the name of a Registered Intermediary
It is opened in the DSS by an ATHEXCSD Participant in the name of a Registered Intermediary, which acts on behalf of its clients.
- Omnibus Clients Collateral Account (Securities Account under Special Laws)
It is opened in the DSS by ATHEXCSD for a Registered Intermediary, as Member of a Market Infrastructure Operator, if it acts as a Participant of ATHEXCSD for the purposes of providing collateral as margin and/or other similar provision.
PRESS RELEASES - INFORMATION
New Listings Prospectuses
Laws and Regulations
Resolution No 22 Regulation of Technical Matters for Trading on ATHEX Markets 01032023
13:59 31 May 2023
Resolution No. 24 as ammended on 11042023
09:00 31 May 2023
Resolution 10 (AthexClear) - Securities clearing system fees 11-04-2023
11:00 29 May 2023
Resolution 39 Futures Contracts on the MSCI Greece Rebased Index 11042023
15:49 04 May 2023
Απόφαση 5 Technical terms and procedures for the provision of the Settlement Service 20022023
13:50 20 Mar 2023
Resolution 8 Technical terms and procedures for the provision of the Registry, Corporate and Other Related Actions Service 20022023
11:59 03 Mar 2023
Resolution No. 21 Provision of technology services by ATHEX 31012023
13:42 31 Jan 2023
Resolution No.17 Stock Lending 31012023
13:24 31 Jan 2023
Resolution 20 Operational issues of the Users Committee 31012023
00:05 31 Jan 2023
Απόφαση 12 Technical procedures and schedule for derivatives clearing 30012023
12:32 30 Jan 2023
- HCMC - Hellenic Capital Market Commission
- HBA - Hellenic Bank Association
- ΣΕΠΕΥ - Σύνδεσμος Εταιρειών Παροχής Επενδυτικών Υπηρεσιών
- SMEXA - Association of Members of the Athens Exchange
- BoG - Bank of Greece
- ESMA - European Securities Markets Authority
- ECSDA - European Central Securities Depositories Association
- HFAMA - Hellenic Fund and asset Management Association
- FESE - Federation of European Stock Exchanges
- WFE - World Federation of Exchanges
|40 67 12 26|
No corporate actions for today.