Book-Entry Transfer System for Shares, etc.
Update on Book-Entry Transfer System for Shares, etc.
About the Book-Entry Transfer System for Shares, etc.
The Book-Entry Transfer System for Shares, etc. refers to the computerized management (issuance, transfer and redemption) of shareholders' ownership rights (which had formerly been administered on the assumption of the physical existence of share certificates, etc.) through accounts established by JASDEC and securities companies, etc. in accordance with the Act on Book-Entry Transfer of Bonds and Shares, etc. which abolished share certificates, etc. for the shares, etc. of publicly listed companies
With the aim of contributing to the enhancement of user-orientated operations, The JASDEC Group (Japan Securities Depository Center, Inc., and JASDEC DVP Clearing Corporation) establishes advisory committees, etc. which are able to provide advice and opinion regarding the matters of business operations to executive officers as requested or otherwise deemed necessary. The JASDEC Group establishes eight committees as below, depending on its subject.