CDP Depository Rules
Future version: Effective from 15 Jul 2026
Added on 15 July 2026.
5A.1 Opening of Sub-Accounts
Future Version: Effective from 15 Jul 2026
A Depository Agent may open and maintain Sub-Accounts for Deposited Securities that are held for its own account or for its clients.
Added on 15 July 2026.
5A.2 Naming and Numbering of Sub-Accounts
Future Version: Effective from 15 Jul 2026
Each Sub-Account maintained by a Depository Agent shall bear the Depository Agent's account code number and a Sub-Account number.
Added on 15 July 2026.
5A.3 Sub-Account Instructions
Future Version: Effective from 15 Jul 2026
The Depository shall not act on instructions from Sub-Account Holders.
Added on 15 July 2026.
5A.4 Authorisation
Future Version: Effective from 15 Jul 2026
The Depository shall be entitled to rely and act upon instructions of a Depository Agent in dealing with Sub-Accounts maintained for it and may assume that the Depository Agent has been duly authorised to give such instructions, notwithstanding any notice to the contrary.
Added on 15 July 2026.