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NEPAL - Capital Market Infrastructure Summary

Central Securities Depository
CDS and Clearing Limited

Settlement Cycle
T+3

Comment
CDS and Clearing Limited is a company promoted by Nepal Stock Exchange Limited (NEPSE) to provide centralised depository, clearing and settlement services in Nepal. It is entrusted with the safekeeping, deposit, and withdrawal of securities certifiCôtes for equities, bonds and warrants, transfer of ownership/rights of the said instruments, maintaining records of ownership in dematerialised form and effecting settlement of securities traded on the stock exchange.


Key terms defined in our glossary:

Central Securities Depository
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.