Until December 31, 2025, the Board of Directors of the Central Bank is authorised to determine the type, category (kind) of securities, when recording the rights to which the nominal holder must take the following actions in S-type securities accounts:

• for opening a personal S-type account in the register of securities owners;
• for crediting securities to this account.

A nominal holder of securities, who records the rights to securities in the S-type securities accounts of his/her depositors, shall perform the above actions in the procedure and within the timeframes established by the decision of the Board of Directors of the Central Bank. The regulator will also determine the personal account pattern, requirements for the activities of the register holder, the nominal holder of securities and the central depository.

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