A custodian and a registry are either BSP-accredited banks or non-bank financial institutions. A custodian holds the securities on behalf of the client, while the registry records the initial and succeeding transfer of ownership of securities.
A custodian and a registry are either BSP-accredited banks or non-bank financial institutions. A custodian holds the securities on behalf of the client, while the registry records the initial and succeeding transfer of ownership of securities.
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