英语论文网

印度证券投资担保制度
Depository System In India Security System For Investors

近63年的独立，印度已成为世界经济的驱动力之一。然而，随着2007年全球经济衰退，需要有人认为，看看现有的金融机构的结构。因此，委员会是由印度证券和交易委员会（SEBI）成立，Bimal Jalan的主持下，原印度储备银行（RBI）行长，二月2010。它是安装的视图，以强调一个重要的区别之间的调节和控制，并确保前者不退化为后者。该委员会还制定了一个有趣的术语，称为市场基础设施机构。“标记基础设施”是指为市场服务的基本设施和系统。

Close to sixty three years of Independence, India has emerged to be one of the driving forces of the World Economy. However, with the recent setback of the Global Recession of 2007, a need had been felt to look into the existing structures of the Financial Institutions present. Consequently, a Committee was established by Securities and Exchange Board of India (SEBI), under the chairmanship of Bimal Jalan, former Reserve Bank of India (RBI) governor, in February 2010. It was setup with the view to underscore an important distinction between regulation and control, and to ensure that the former does not degenerate into the latter. The committee has also instituted an interesting term called the Market Infrastructure Institutions. The term 'marker infrastructure' denotes such fundamental facilities and systems serving the market.

As per the Report [1] , Stock exchanges, depositories and clearing corporations are collectively referred to as securities Market Infrastructure Institutions (MIIs). They can be defined to be institutions providing basic, underlying framework or features for the market. Well functioning MIIs are the backbone of any economy, which in turn is directly proportional to the well-being of the economy. Infrastructure Institutions can be characterized by provision of essential services, offering networking services, exhibiting economies of scale, presenting sunk costs and operating natural monopolies. [2] 

Introduction 简介

Depositories form an important part of the securities Market Infrastructure Institutions in India.

As per section 2(e) of the Depositories Act, 1996, a 'depository' means a company formed and registered under the Companies Act, 1956 and which has been granted a Certificate of Registration under sub-section (1A) of section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992).

In simple words, a Depository is an organization which is similar to a bank. It holds the securities of investors in an electronic book entry form at their request and provides services related to transactions in securities with speed, accuracy and safety. It interacts with its clients through a `Depository Participant' with whom the client is required to open a Demat Account.

A depository participant is defined in section 2(g) of the Depositories Act, 1996 as 'participant means a person registered as such under sub-section (1A) of section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992).'

An application for the grant of certificate of registration as Depository Participant is made to the Board Form E along with application fee as specified in Part A of the second schedule of the Depository Participant Regulations.

Public financial institutions, scheduled commercial banks, foreign banks operating in India with the approval of the Reserve Bank of India, state financial corporations, custodians, stock-brokers, clearing corporations /clearing houses, NBFCs and Registrar to an Issue or Share Transfer Agent complying with the requirements 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。