Custodian of Securities
Considering Custodian of Securities for your business idea? This DWTC Free Zone listing uses code 6719-20. Use the details below to decide whether it belongs in the shortlist you discuss with Dubiz.
Activity code 6719-20
Listed activity name: Custodian of Securities
- Activity code
- 6719-20
- Jurisdiction
- DWTC Free Zone
- Licence type
- Professional
- Group code
- 6719
Activity description
Includes the financial institutions engaged in securities as regarding the provision of electronic programs and technical systems necessary for the custody of securities in accordance with the conditions and specifications set by the market and approved by the ASCA, it includes providing an internal control system to ensure the compliance with regulations and decisions issued and the follow-up by the internal management, it involves the receipt of interests and profits along with the right to subscribe and attend meetings of the General Assembly and vote on behalf shareholders after attaining their consents, arranging for the transfer of securities by the market on behalf of investors, operating lien or freezing at the request of the investors or his representative, lien on the securities based on court order in force unless there is another legal objection.
Additional requirements
Securities and Commodities Authority (SCA)
Authority reference: DWTC activities and licences. Confirm the latest scope and requirements with the authority.
Add this option to your Dubiz launch brief
- Note which planned product or service led you to this listing, and how it fits your business idea.
- Keep the activity code and jurisdiction together so you can find the same option again.
- List the questions still unanswered by the record, then share the candidate with Dubiz before committing to an application.
Plan your next step with Dubiz
Share this activity with the Dubiz team to discuss how it fits your business plan and which licence requirements need confirmation.
Plan your business with DubizPublished by Dubiz Business Setup. This is an independent research directory, not a licensing decision. Data sources and limitations.