Party which holds and administers securities for example, Eurobonds or other financial assets, holds issuance accounts and enables transactions to be processed by book entry. An ICSD also settles trades in international securities and in various domestic securities, usually through direct or indirect (through local agents) links to local CSDs. Assets may exist either physically (but immobilized within the CSD) or in a dematerialised form.
Data from ISO specification
This is the technical data from the specification document.
<businessRole
xmi:id="_PUYOJtp-Ed-ak6NoX_4Aeg_719819721"
name="InternationalCentralSecuritiesDepository"
definition="Party which holds and administers securities for example, Eurobonds or other financial assets, holds issuance accounts and enables transactions to be processed by book entry. An ICSD also settles trades in international securities and in various domestic securities, usually through direct or indirect (through local agents) links to local CSDs. Assets may exist either physically (but immobilized within the CSD) or in a dematerialised form."
registrationStatus="Registered"
xmlns:xmi="http://www.omg.org/XMI" />