The Central Depository & Settlement Corporation (CDSC) has received a no objection from the Retirement Benefits Authority (RBA), to engage retirement benefits schemes in the Lending and Borrowing of Securities.
This follows a review by the Retirement Benefits Authority (RBA) on the safeguard mitigation measures put in place by CDSC in the implementation of the Screen-Based Securities Lending and Borrowing.
Securities Lending and Borrowing (SLB) is the temporary transfer of securities from one party, the lender, to another, the borrower, with a simultaneous agreement to return the securities either on demand or at a future date.
