Inquire about Securities' Ownership Statements

The owner of the security of his legal representative or authorized signatory or one of the heirs can view the ownership of the deposited securities owned by the investor and obtain notices or statements of accounts related thereto.

Persons benefiting from the service

All investors of securities.

Conditions of obtaining the service

The investor shall be identified on the SDC’s database and owns shares deposited at the SDC.

Procedures

To issue a notice of securities ownership (current investor's ownership)

1. The owner of the security or his legal representative or one of the heirs, or authorized signatory shall submit Notification of Securities' Ownership Form, according to the following options:

  • Ownership balance with all members.
  • Ownership balance with a specific member.
  • Ownership balance of specific securities with all members.
  • Ownership balance of specific securities with a specific member.

2. The concerned employee collects fees form the investor.

3.The concerned employee issues a notice of securities ownership on the date specified by the investor and delivers it to him.

 

To issue a statement of securities account (historical trading transactions)

1. The owner of the security or his legal representative, or one of the heirs, or authorized signatory shall submit Statement of Securities' Account, according to the following options:

  • Statement of Account of all securities with all members.
  • Statement of Account balance of specific securities with all members.
  • Statement of Account balance of all securities with a specific member.
  • Statement of Account balance of specific securities with a specific member.

2. The concerned employee collects fees form the investor.

3. The concerned employee issues a statement of securities account on the date specified by the investor and delivers it to him.

Required Documents
  1. A copy of the identification documents of the owner of securities.
  2. In case that there is a legal representative, the power of attorney must fulfill the conditions for its accreditation with the SDC.
  3. If the form is submitted under an authorization, the authorization must include the following:
    • If the authorization is issued by a natural person, it must include the data of the notice or statement required to be issued on the form approved by the SDC for this purpose, the name of the authorized person to receive, the SDC number, the bank's authentication of the signature, attaching a copy of the identity document for both the owner of the security and the authorized receiver.
    • If the authorization is issued by a legal person who is not a member, the authorization form must be filled out the following:
      1. A letter addressed to the SDC
      2. The letter must be issued by the legal person on its own forms.
      3. Determine the data of the ownership notice or account statement to be issued.
      4. Determine the SDC number of the legal person.
      5. Determine the name of the person authorized to receive the notice or statement.
      6. Attach a copy of the identification document of the person authorized to receive the statement.
      7. The letter must be sealed by the legal person.
      8. The letter must be signed by the authorized person under the certificate of authorized signatories.
      9. An acknowledgment that the authorized signatory document is correct and valid.
      10. Notarization of the authenticity of the legal person’s signature from the bank.
      11. Attach a copy of the newly issued certificate of authorized signatories, not more than one year since its issuance.
    • If the authorization was issued by a legal person from among the members, the authorization form shall be filled out the data contained in item (3/b) above, with the exception of the bank's approval of the signature of the authorized signatory, provided that the authorization is signed by any of the occupants the following positions in the member company in the SDC:
      1. Chairman.
      2. Vice Chairman of the Board of Directors.
      3. General Manager (Executive).
      4. Deputy General Manager (Executive).
      5. Assistant General Manager (executive).
      6. Management Committee.
  4. If the applicant is an heir, a copy of the death certificate must be submitted, and an original or a certified copy of inheritance deed or public or private disassociation must be presented.
  5. If the application was issued by the legal representative on behalf of the heirs or one of them, a copy of the death certificate and a copy of the inheritance deed or public disassociation must be submitted, and the original or a certified copy of the power of attorney must be presented.
Estimated Time

10 minutes.

Location

Headquarter of the SDC.

Partner institutions

None.

Estimated Fees
  1. The SDC shall collect (2) Two Dinars as a Commission for each investor's ownership notice.
  2. The SDC shall collect (1) One Dinar as Commission for each security's statement.
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