SGX Rulebooks
Link copied to clipboard
CDP Depository Rules
13 Liability
Future version: Effective from 20 Nov 2026

13.4.1 The Depository shall not be under any obligation to ensure that Deposited Securities are not forged or fraudulent and can be freely transferred or delivered without encumbrance and will not be responsible for any loss suffered by any Account Holder, Sub-Account Holder or Depository Agent.

13.4.2 Without prejudice to this Rule 13, the Depository’s liability for replacing certificates for Deposited Securities that are lost or destroyed shall be limited to the net insurance proceeds received for such loss or destruction.

Amended on 20 November 2026.