Scripless Securities definition

Scripless Securities means securities issued in scripless form;

Scripless Securities means Scripless Treasury Bills and Scripless Treasury Bonds issued under the Local Treasury Bills Ordinance and Registered Stock and Securities Ordinance, respectively, and Central Bank Securities issued in scripless form under the Monetary Law Act.

Scripless Securities means any scripless securities including but not limited to book-entry securities as defined in Section 4 of the Singapore Companies Act read with Section 81SF of the Singapore Securities and Futures Act or its equivalent in the relevant jurisdiction;

Examples of Scripless Securities in a sentence

• EWBC shall effect a transaction on behalf of the CLIENT, open and trade with the Bureau of Treasury Registry (BTr) via the Registry of Scripless Securities (RoSS), open a custodian account on CLIENT’s behalf, through a Special Power of Attorney specifically authorizing the transaction in writing.

• Use of the Registry of Scripless Securities to register ownership for individual investors Philippine government securities have been dematerialized since 1996.

• The Treasury registers ownership of these securities through a secure trading platform connected to the Registry of Scripless Securities.

• RENTAS system consists of the following major modules: Inter-bank Fund Transfer System (IFTS), MYR Settlement Account System (MYR SAS), Foreign Currency Transfer Settlement Account System (MCT SAS), and Scripless Securities Depository and Settlement System (SSDS).

• The transactions will be settled through an electronic settlement arrangement known as the Scripless Securities Settlement System (SSSS).

• GS are scripless securities and are registered under the Registry of Scripless Securities (RoSS) system of the Bureau of Treasury.

• Participants appointed as “Dealer Direct Participant” shall have access to facilities and functions related to holding and transferring Scripless Securities on its own account and on behalf of its Customers.

• They are issued scripless and are tradable electronically in book-entry form through an electronic clearing house known as the Scripless Securities Trading System, operated by the Central Bank of Malaysia.The interest on fixed-rate bonds is payable semi-annually.

• As an example, in Malaysia, the settlement of the primary and secondary market transactions in government securities and unlisted corporate debt securities take place through the Scripless Securities Trading System (‘SSTS’), which is part of the Real Time Electronic Transfer of Funds and Securities (‘RENTAS’) system.

• The assessment was drafted in close cooperation with the assessors1 of the Bank Indonesia Scripless Securities Settlement System to ensure consistency between the assessments of the two Securities Settlement Systems in Indonesia.

More Definitions of Scripless Securities

Scripless Securities means stocks, shares or other securities within the meaning of “book-entry securities” as defined in Section 130A of the Companies Act (including all instruments, orders and regulations made under or deriving validity therefrom) which have been listed on the SGX-ST and which have been designated by the SGX-ST as eligible for deposit with The Central Depository (Pte) Limited (including its successors) and for clearance and book-entry settlement of transactions on SGX-ST.

Scripless Securities means Scripless Treasury Bills and Scripless Treasury Bonds as defined in the Local Treasury Bills Ordinance and Registered Stock and Securities Ordinance respectively, and securities issued by the Central Bank in Scripless form in terms of the Monetary Law Act.

Scripless Securities means Scripless Treasury Bills and Scripless Treasury Bonds issued under the Local Treasury Bills Ordinance and Registered Stock and Securities Ordinance respectively, and include Treasury Bills and Treasury Bonds issued in the form of written certificates and converted into Scripless Treasury Bills and Scripless Treasury Bonds in terms of the provisions of the Local Treasury Bills Ordinance and the Registered Stock and Securities Ordinance.

Scripless Securities means Scripless Treasury Bonds, Scripless Treasury Bills and securities issued by the Central Bank in scripless form in terms of the Monetary Law Act (Chapter 422);

Scripless Securities means Securities of any kind whatsoever the trading or transactions of which are cleared or settled through any book-entry or scripless system whether in Singapore or elsewhere but excludes Book-Entry Securities;