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More than a hundred people have taken part in the four training sessions through the webinar tool, and in light of its success, the Central Securities Deposit (DCV for its acronym in Spanish) warmly welcomes all to a new session, in which we will address the operation of the “Electronic Registry of Pledges on Foreign Securities”, recently opened by the DCV. In this training, we will review the service, its main features and benefits of working with it.
Given the success of the first two sessions of the 2016 training cycle carried out through the Webinar online seminar tool, Deposito Central de Valores cordially invites you to 2 new sessions aimed to generate knowledge about the functionalities of their various services.
After the joint work between Depósito Central de Valores and the Association of Banks and Financial Institutions for the use of the Electronic Pledge Registry (REP) Service announced by the entities last July (we attach a copy), pledge registry instructions have experienced significant growth in number, increasing nearly 40%.
Depósito Central de Valores in conjunction with the Association of Banks and Financial Institutions have agreed on the implementation of the Electronic Pledge Registry (REP) for the constitution and redemption of pledges that allows DCV Participants significant saving of time and costs associated with these processes.
Depósito Central de Valores (DCV) reports that the Mining Collateral Custody Service is now available.
According to Law 20.551 issued in 2011, to guarantee the Chilean Government the full and timely compliance of the closing of mining worksites and facilities, mining companies shall pledge guarantees that ensure the performance of their obligations. For further detail, please check the content of Law 20.551.
