Central Securities Depository system goes live at the Authority Monetari Brunei Darussalam

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12 May'2017

Central Securities Depository system goes live at the Authority Monetari Brunei Darussalam

Bandar Seri Begawan, Brunei, May 12, 2017. Authority Monetari Brunei Darussalam (AMBD) implemented the Central Securities Depository (CSD) system that is based on CMA’s DEPO/X product.

CSD (DEPO/X) system is electronic platform used to register and maintain records of debt securities holdings for the participating banks replacing the manual book entry processes. In the nearest future Brunei's CSD system  will be expanded to enable auction of new securities and provide a trading platform to facilitate a secondary market among the CSD participants.

Source: http://borneobulletin.com.bn/central-securities-depository-goes-live/