UAE Capital Market Regulation Law

Article 21 — Article (21) Empowering the Central Depository to Exercise Its Competences

1. Persons designated by the Authority shall be obliged to register Securities or Foreign Securities with the Central Depository, specifying the persons to whom the Securities or Foreign Securities are allocated, the entitlements to any distributions or rights thereon, and any subsequent amendments necessary to enable the Central Depository to effect the requisite entries. 2. The Market and the Central Clearing shall be obliged to provide the Central Depository with all data and information necessary to enable it to exercise its competencies.

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