|May. 1984||The Law Concerning Central Securities Depository and Book-Entry Transfer of Stock Certificates and Other securities (CSD Law) was passed, and later enforced in November 1984.|
|Dec. 1984||Japan Securities Depository Center (JASDEC) was founded as a non-profit foundation under a permit granted by the Minister of Finance and the Minister of Justice (competent ministers) pursuant to Article 34 of the Civil Code.|
|May. 1985||JASDEC was designated as a depository under the CSD Law by the competent ministers.|
|Jul. 1986||JASDEC instituted its Business Regulations with the approval of the competent ministers. Its Business Regulations became effective on August 1, the same year.|
|Oct. 1988||JASDEC decided to inaugurate depository services in stages starting form October 1991 (Phase 1), through October 1992 (Phase IV).|
|Oct. 1990||Pursuant to the CSD Law, the competent ministers designated the following securities as those eligible to be handled by the depository system:
(1) stock certificates listed on any stock exchanges in Japan.
(2) stock certificates registered with, or designated by, Japan Securities Dealers Association as over-the-counter stocks.
(3) stock certificates to be issued after the date of designation, which fall in the range specified above.
|Aug. 1991||With the authorization of the competent ministers, JASDEC entrusted part of its business to the Japan Securities Clearing Corporation.|
|Oct. 1991||JASDEC opened its Tokyo Operations Office and began offering its depository services in the Tokyo area (Phase 1) in accordance with its phased implementation plan.|
|Apr. 1992||JASDEC opened its Operations Office in Osaka, and its Operations Office in Nagoya in July, the same year.|
|Oct. 1992||JASDEC opened its Operations Office in Kyoto, Hiroshima, Fukuoka, Niigata and Sapporo and began providing comprehensive depository services, covering all listed and OTC stocks (Phase IV).|
|Mar. 1993||Number of shares in custody recorded 14.1 billion shares.|
|Jun. 1993||The U.K. Securities and Futures Authority approved JASDEC as an eligible foreign custodian.|
|Aug. 1993||he U.S. Securities and Exchange Commission issued a no-action letter to exempt JASDEC from Section 17(f) of the Investment Company Act of 1940 and Rule 17f-5(c) (2) (iii).|
|Jun. 1997||The Association of German Bankers approved JASDEC as an eligible foreign custodian.|
|Mar. 1999||Number of shares in custody recorded 108.0 billion shares.|
|May. 2000||JASDEC implemented its new securities custody and book-entry transfer system.|
|Sep. 2000||JASDEC constructed a back-up center in Osaka.|
|Dec. 2000||JASDEC started handling preferred investment securities.|
|May. 2001||JASDEC launched its system for delivery versus payment (DVP) settlement of exchange trades in Tokyo and Osaka.|
|Jun. 2001||The Law Concerning Central Securities Depository and Book-Entry Transfer (CSD Law) was amended and became effective April 2002.|
|Jul. 2001||JASDEC started handling Exchange Traded Funds.|
|Sep. 2001||JASDEC started handling Real Estate Investment Trusts.
JASDEC implemented the Pre-Settlement Matching System for domestic trades by domestic institutional investors.
|Nov. 2001||Committee for Reform of Securities Clearing and Settlement System (JSDA) published the report on "Demutualization Framework of JASDEC".
JASDEC started handling of corporate convertible bonds.
|Jan. 2002||Japan Securities Depository Center, Incorporated (JASDEC Inc.) was established.|
|Mar. 2002||PSMS was expanded to cover trades by non-residents investors.|
|Apr. 2002||The Law to amend the CSD Law became effective, which allows JASDEC to transform its organization structure from a not-for-profit foundation to a for-profit corporation.|
|Jun. 2002||JASDEC transferred its businesses to JASDEC Inc. and dissolved.
JASDEC Inc. began securities depository and book-entry transfer operations.
The Association of German Bankers approved the new incorporated entity as an eligible foreign custodian.
|Jan. 2003||The Law Concerning Book-Entry Transfer of Corporate Bonds, etc. became effective and JASDEC was designated as a transfer institution under the law.|
|Mar. 2003||JASDEC launched the Securities Information Tracing System (SITRAS) for lost stocks.
JASDEC inaugurated its Electronic Commercial Paper book-entry system.
|Mar. 2003||Number of shares in custody recorded 203.1 billion shares.|
|May. 2003||PSMS was expanded to cover transactions for government bonds and stock exchange-traded futures and options.|
|Jun. 2003||JASDEC established JASDEC DVP Clearing Corporation (JDCC) to undertake clearing services related to DVP settlement services for non-exchange transaction deliveries (NETDs).|
|Aug. 2003||JASDEC signed the information sharing and collaboration agreement with the Depository Trust & Clearing Corporation in New York.|
|Apr. 2004||JDCC acquired a license for a securities clearing agency, enabling it to undertake securities obligations.|
|May. 2004||JASDEC commenced DVP settlement services for NETDs.|
|Jun. 2004||The Law for partial amendments to the Law concerning Book-entry Transfer of Corporate Bonds and other Securities for the purpose of streamlining the settlement for trades of stocks and other securities was promulgated.|
|Nov. 2004||JASDEC signed a memorandum of understanding with Taiwan Securities Central Depository Co., Ltd. (currently Taiwan Depository & Clearing Corporation (TDCC)).|
|Feb. 2005||JASDEC signed a memorandum of understanding with Korea Securities Depository (KSD).|
|Jun. 2005||JASDEC signed a memorandum of understanding with China Securities Depository and Clearing Corporation Limited (CSD&C).|
|Nov. 2005||JASDEC and Japan Securities Settlement & Custody, Inc. (JSSC) jointly hosted the 9th General Meeting of the Asia-Pacific CSD Group in Tokyo.|
|Jan. 2006||JASDEC inaugurated its book-entry transfer system for Corporate Bonds.|
|May. 2006||JASDEC inaugurated depository and book-entry transfer system for foreign stocks.|
|Jan. 2007||JASDEC inaugurated book-entry transfer system for investment trusts.|
|Jan. 2008||JASDEC inaugurated book-entry transfer system for ETFs.|
|Feb. 2008||JASDEC amended the Business regulations as to Beneficiary Certificates Issuance Trust.|
|Jan. 2009||JASDEC inaugurated book-entry transfer system for stocks, etc. (Dematerialization)|