How is a lien imposed upon securities?

The lien restriction is imposed by virtue of a decision issued by the competent authorities. The SDC undertakes the task of authenticating a lien upon deposited securities. As for non-deposited securities, the SDC sends circulars to all the issuers to take the necessary measures (issuers will remain responsible for placing lien restrictions upon non-deposited securities on their own responsibility).

FAQS Taxonomy
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