The equity market professional player license on carrying out depository activity
Depository activity is assistance in depositing securities, or accounting for transfer of rights on securities.
The depositary has right to put his name on the register of securities, or at another depositary as a nominee holder of securities under the depositary agreement.
The depositary is bears responsibility for failure to perform or improper performance of his obligations of accounting for transfer of rights on securities, including the completeness and correctness of depositary account entries.
The depositary has civil liability to keep the deposited securities certificates safe. Depositors’ securities cannot be levied to under the depositary's obligations.