"Depositary" Example Sentences
1. The depositary of the company holds all the funds.
2. She was made the depositary of her grandmother's estate.
3. The bank serves as the depositary for many clients.
4. The depositary is responsible for the safekeeping of the assets.
5. The depositary guarantees the integrity of the financial transactions.
6. The company's depositary agreement outlines the terms of the securities deposit.
7. The depositary receipt is a negotiable instrument representing the underlying asset.
8. The depositary is required to maintain accurate records of all transactions.
9. The depositary must comply with all applicable regulations regarding custody and safekeeping of assets.
10. The depositary acts as an intermediary between the issuer and the investor.
11. The depositary system simplifies the process of buying and selling foreign securities.
12. The depositary may charge fees for their services.
13. The depositary bank provides services to facilitate the issuance of depositary receipts.
14. The depositary may appoint agents to perform certain functions on its behalf.
15. The depositary must maintain strict confidentiality of client information.
16. The depositary is responsible for notifying clients of any changes to the terms and conditions.
17. The depositary must have adequate security measures in place to protect assets against theft and fraud.
18. The depositary agreement may specify the circumstances under which the assets may be removed.
19. The depositary may provide additional services, such as corporate actions processing or proxy voting.
20. The depositary's responsibilities may vary depending on the type of securities held.
21. The depositary is accountable to the investors for the safekeeping of their assets.
22. The depositary receipt allows investors to trade securities from other countries without having to deal with foreign exchanges directly.
23. The depositary must ensure that their systems and procedures are robust and reliable.
24. The depositary may require investors to provide certain documents or information to verify their identity.
25. The depositary may be subject to audits or inspections by regulatory authorities.
26. The depositary must comply with all applicable tax laws and regulations.
27. The depositary must handle any disputes or claims in a timely and impartial manner.
28. The depositary's role is to facilitate the transfer and ownership of securities.
29. The depositary may hold assets in multiple currencies, and is responsible for managing any associated risks.
30. The depositary agreement is a legally binding contract between the issuer and the depositary, outlining their respective obligations and responsibilities.
Common Phases
you have a specific context in mind for the use of "
depositary"? Without more information, here are some common phrases that include "
depositary":
1. The
depositary is responsible for safeguarding the funds.
2. The
depositary bank will hold the securities until maturity.
3. The
depositary agreement outlines the terms and conditions of the investment.
4. The
depositary receipt represents ownership of shares in a foreign company.
5. The
depositary is required to keep accurate records of all transactions.
6. The
depositary is authorized to make withdrawals on behalf of the account holder.
7. The
depositary is liable for any losses incurred due to negligence or breach of duty.
8. The
depositary may require additional documentation before opening an account.
9. The
depositary fee is a charge for storing and managing assets.
10. The
depositary plays a crucial role in cross-border trading.