Ongoing Projects. CDSC Kenya… Ms. Florence Kamau COO. Current Status. Depository Statistics (19/10/2009) -No. of CDS accounts 1,786,619 -No. of distinct CDS accounts 1,411,112 -Total immobilized shares 31.13 %. Risk Management. Implementation of Settlement Limits/Caps
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Ms. Florence Kamau
-No. of CDS accounts 1,786,619
-No. of distinct CDS accounts 1,411,112
-Total immobilized shares 31.13 %
b.) Guarantee Fund
a) Depository Services offered to Rwanda.
CDSC Kenya is implementing the operational and system infrastructure to offer depository services to Rwanda Stock Exchange.
b.) Single Central Depository.
The initiatives of harmonizing the East African depositories under the East African Community Council into one are still underway.
a.) Clearing and Settlement of debt securities.
b.) Registry Services.
c.) Immobilization Process.
The business process is being shifted to the Registrars. The Central Depository Agents will be
dealing directly with the Registrars.