DEPOSITARY ACTIVITY – activities of professional participants of the depository system of Ukraine and the National Bank of Ukraine regarding the provision of securities storage and accounting services, accounting and servicing of the acquisition, termination and transfer of rights to securities and securities rights and restrictions on securities rights in securities accounts securities of depository institutions, issuers, correspondent depositories, persons conducting clearing activities, Settlement Center for servicing agreements on financial markets, depositors, and such other services, which according to the law “On the depository system of Ukraine” have the right to professional participants of the depository system of Ukraine.
In Ukraine, the following types of depositary activity can be carried out:
- depositary activity of the Central Depository;
- depository activity of the National Bank of Ukraine;
- depositary activity of the depositary institution;
- asset management activities of joint investment institutions;
- asset management activity of pension funds.
Depository activities of a depositary institution may be combined with activities for the storage of assets of collective investment institutions and the storage of assets of pension funds. It can also be combined with securities trading and / or banking activities.
Depositary activities of the Central Depository may be combined with clearing activities in cases established by the Commission.
Depositary activity of the National Bank of Ukraine can be combined with clearing activity.