BG
  EN
  ПРАВИЛНИК Untitled Document
Ia. APPLICATION FOR AND MEMBERSHIP OF REGISTRATION AGENT AT CENTRAL DEPOSITORY AD  
     
Art. 22а Application for Registration Agent  
     
 
Art. 22а Application for Registration Agent

1. Each investment intermediary, a member of the Central Depository, can apply for becoming a registration agent not earlier than 6 months as of the date of its admission as a member of the Central Depository for which it shall submit Statement, Enclosure 01/E05.

2. Applications of investment intermediaries for becoming Registration Agents /RA/ shall be reviewed and approved/rejected by the Board of Directors of the Central Depository. The decision shall be made on the grounds of:

Estimation of the applicant’s performance in regard to the activities it is authorized to perform.

Readiness of the applicant to act as a registration agent, including means of communications with the Central Depository, software for exchanging data, qualified staff. Set of internal instructions/ Software to ensure the services offered by a registration agent and the communication with the Central Depository / Resources necessary for functioning of a department registration agent / Training program and schedule /Program and schedule for performing tests

3. The Central Depository shall notify in writing the applicants for registration agents about the decision of the Board of Directors under p.2. The approved applicants shall sign an agreement with the Central Depository for the rights and obligations of the parties while performing the activities of a registration agent.