The Securities Depository Centre Company (Edaa) Announces the Approval of the Amended Securities Depository Centre Rules and Procedures related to OTC Settlement for Listed Debt Instruments

The Securities Depository Centre Company (Edaa) announce the issuance of the Capital Market Authority Board resolution dated 30/10/1446H corresponding to 28/04/2025G approving the following:

•    The Amended Securities Depository Centre Rules (click here).
In addition, the Securities Depository Centre Company (Edaa) announces the issuance of its Board of Directors resolution dated 17/10/1446H corresponding to 15/04/2025G approving the following:
•    The Amended Securities Depository Centre Procedures (click here).
These amendments to the Securities Depository Centre Rules and Procedures aim to govern the OTC Settlement service for listed Debt Instruments.  This service enables investors, through their custodians, to settle listed debt instruments using the Delivery versus Payment (DvP) mechanism. Settlement is conducted bilaterally between counterparties, outside the Trading System. 
It should be noted that the Amended Securities Depository Centre Rules and Procedures above shall be effective from its publishing date.