Current Projects Presented by Mrs Boutheina NASRA Link
Current Projects Presented by Mrs Boutheina NASRA
Link between CSD v Signature of an agreement between STICODEVAM and Maroclear for the dual listing of a company on Tunis Stock Exchange and Casablanca stock exchange ; v Participation as a member in a working commission charged of studying link between Arab Depositories. Tunisian Depository & Clearing
Improvement of services offered to participants v Establishment of new automated procedures with participants via STICODEVAM members’ website : ØThe process of lodging securities into the depository : Automated procedures for online registration of stocks since their first issue; ØThe settlement of IPO (Initial Public Offer); ØThe settlement of capital increase. Tunisian Depository & Clearing
Establishment of a flexible schedule for settlement period of free of payment delivery: From a fixed period T+3 to T, T+1, T+2 and T+3 depending on participant’s choice. v Development of a new software enabling STICODEVAM to become a registrar. v Tunisian Depository & Clearing
Other improvements Ø The relooking of the STICODEVAM’s website ; Ø The review and the recast of the functioning rules; Ø The launching of an organizational audit, and the establishment of a procedures’ manual and an accountable manual for the STICODEVAM by a specialized firm ; Ø The implementation of a distant recovery site and the elaboration of a formal recovery plan ; Ø The transfer to a new head office during 2011. Tunisian Depository & Clearing
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