Towards a Legal Framework for Clearing and Settlement in Emerging Markets
1. Organisational Structure of CSDs 2. Clear Definition of Property Interests 3. Mechanisms for Asset Segregation 4. Protection of Investor's Assets 5. Finality of Transfers and Unwind Risks 6. Pledging
1. Organisational Structure of CSDs
2. Clear Definition of Property Interests
3. Mechanisms for Asset Segregation
4. Protection of Investor's Assets
5. Finality of Transfers and Unwind Risks
6. Pledging
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