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Central Securities Clearing System PLC Requests for Proposal: Upgrade of Core Network Infrastructure REFERENCE NO: CSS/IT /CNI/05/2023The return date for responses against this RFP is 18th August

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Who needs central securities clearing system?

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Investors who trade securities on stock exchanges.

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What is central securities clearing system?

Central securities clearing system is a centralized platform that facilitates the settlement of securities transactions.

Who is required to file central securities clearing system?

Financial institutions and broker-dealers are required to file central securities clearing system.

How to fill out central securities clearing system?

Central securities clearing system can be filled out electronically through the designated portal provided by the regulatory authorities.

What is the purpose of central securities clearing system?

The purpose of central securities clearing system is to ensure efficient and timely settlement of securities transactions, reducing counterparty risk and enhancing market transparency.

What information must be reported on central securities clearing system?

Information such as details of securities transactions, parties involved, settlement dates, and transaction amounts must be reported on central securities clearing system.

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