Euroclear Nederland Ready for Dutch Securities Dematerialisation

Euroclear Nederland is now taking measures to remove all paper-based securities certificates in the Netherlands, in compliance with an amendment to the Dutch Securities Giro Act (“Wet giraal effectenverkeer”). Signalling a move towards full securities dematerialisation in the Netherlands by the end of 2013, the revised legislation, which took effect on 1 January 2011, means...

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