EX-99.23(g)(32)
MUTUAL FUND RIDER TO
GLOBAL CUSTODY AGREEMENT
BETWEEN
[THE CUSTOMER]
AND
JPMORGAN CHASE BANK, N.A.
Mutual Fund Rider to Global Custody Agreement Between JPMorgan Chase Bank, N.A.,
and Xxxxxxx National Asset Managemnt, LLC ("Customer") effective August 12,
2009.
The following modifications are made to the Agreement:
A. Add a new Section 2.19 to the Agreement as follows:
2.19 COMPLIANCE WITH U.S. SECURITIES AND EXCHANGE COMMISSION ("SEC") RULE
17F-5 ("RULE 17F-5").
(a) Customer's board of managers/trustees (or equivalent body)
(hereinafter "Board") hereby delegates to Bank, and, except as to
the country or countries as to which Bank may, from time to time,
advise Customer that it does not accept such delegation, Bank
hereby accepts the delegation to it, of the obligation to perform
as Customer's `Foreign Custody Manager' (as that term is defined
in Rule 17f-5(a)(3) as promulgated under the Investment Company
Act of 1940, as amended ("1940 Act")), including for the purposes
of: (i) selecting Eligible Foreign Custodians (as that term is
defined in Rule 17f-5(a)(1), and as the same may be amended from
time to time, or that have otherwise been exempted pursuant to an
SEC exemptive order) to hold foreign Financial Assets and Cash,
(ii) evaluating the contractual arrangements with such Eligible
Foreign Custodians (as set forth in Rule 17f-5(c)(2)), and (iii)
monitoring such foreign custody arrangements (as set forth inRule
17f-5(c)(3)).
(b) In connection with the foregoing, Bank shall:
(i) provide written reports notifying Customer's Board of the
placement of "Financial Assets and Cash" with particular
Eligible Foreign Custodians, and also provide a description
of Bank's threshold for determination that a change in
arrangements is material, and of any material change in the
arrangements with such Eligible Foreign Custodians, with
such reports to be provided to Customer's Board at such
times as the Board deems reasonable and appropriate based on
the circumstances of Customer's foreign custody arrangements
(and until further notice from Customer such reports shall
be provided not less than quarterly with respect to the
placement of Financial Assets and Cash with particular
Eligible Foreign Custodians and with reasonable promptness
upon the occurrence of any material change in the
arrangements with such Eligible Foreign Custodians);
Customer considers any change that affects safe custody,
beneficial ownership or transferability of Customer's
Financial Assets and Cash to constitute a "material change."
(ii) exercise such reasonable care, prudence and diligence in
performing as Customer's Foreign Custody Manager as a person
having responsibility for the safekeeping of foreign
Financial Assets and Cash would exercise;
(iii) in selecting an Eligible Foreign Custodian, first have
determined that foreign Financial Assets and Cash placed and
maintained in the safekeeping of such Eligible Foreign
Custodian shall be subject to reasonable care, based on the
standards applicable to custodians in the relevant market,
after having considered all factors relevant to the
safekeeping of such foreign Financial Assets and Cash,
including, without limitation, those factors set forth in
Rule 17f-5(c)(1)(i)-(iv);
(iv) determine that the written contract with an Eligible Foreign
Custodian satisfies the requirements of Rule 17f-5(c)(2),
requires that the Eligible Foreign Custodian shall provide
reasonable care for foreign Financial Assets and Cash based
on the standards applicable to custodians in the relevant
market and provides indemnification for losses of foreign
Financial Assets held in accordance with such contract; and
(v) have established a system to monitor the continued
appropriateness of maintaining foreign Financial Assets and
Cash with particular Eligible Foreign Custodians and of the
governing contractual arrangements in accordance with Rule
17f-5(c)(3); it being understood, however, that in the event
that Bank shall have determined that the existing Eligible
Foreign Custodian in a given country would no longer afford
foreign Financial Assets and Cash reasonable care and that
no other Eligible Foreign Custodian in that country would
afford reasonable care, Bank shall promptly so advise
Customer and shall then act in accordance with the
Instructions of Customer with respect to the disposition of
the affected foreign Financial Assets and Cash.
Subject to (b)(i)-(v) above, Bank is hereby authorized to place and
maintain foreign Financial Assets and Cash on behalf of Customer with
Eligible Foreign Custodians pursuant to a written contract deemed
appropriate by Bank.
(c) Except as expressly provided herein, Customer shall be solely
responsible to assure that the maintenance of foreign Financial
Assets and Cash hereunder complies with the rules, regulations,
interpretations and exemptive orders as promulgated by or under
the authority of the SEC.
(d) Bank represents to Customer that it is a U.S. Bank as defined in
Rule 17f-5(a)(7). Customer represents to Bank that: (1) the
foreign Financial Assets and Cash being placed and maintained in
Bank's custody are subject to the 1940 Act, as the same may be
amended from time to time and (2) its Board has determined that
it is reasonable to rely on Bank to perform as Customer's Foreign
Custody Manager for foreign Financial Assets and Cash in each
country in which Customer's Financial Assets and Cash shall be
held hereunder and determined to accept Country Risk. Nothing
contained herein shall require Bank to make any selection or to
engage in any monitoring on behalf of Customer that would entail
consideration of Country Risk.
(e) Bank shall provide to Customer such information relating to
Country Risk as is specified in Appendix 1 hereto. Customer
hereby acknowledges that: (i) such information is solely designed
to inform Customer of market conditions and procedures and is not
intended as a recommendation to invest or not invest in
particular markets; and (ii) Bank has gathered the information
from sources it considers reliable, but that Bank shall have no
responsibility for inaccuracies or incomplete information.
B. Add a new Section 2.20 to the Agreement as follows:
2.20 COMPLIANCE WITH SEC RULE 17F-7 ("RULE 17F-7").
(a) Bank shall, for consideration by Customer, provide an analysis of
the custody risks associated with maintaining Customer's Foreign
Assets with each Eligible Securities Depository used by Bank as
of the date hereof (or, in the case of an Eligible Securities
Depository not used by Bank as of the date hereof, prior to the
initial placement of Customer's foreign Assets at such
Depository) and at which any foreign Assets of Customer are held
or are expected to be held. The foregoing analysis will be
provided to Customer at Bank's Website. In connection with the
foregoing, Customer shall notify Bank of any Eligible Securities
Depositories at which it does not choose to have its Foreign
Assets held. Bank shall monitor the custody risks associated with
maintaining Customer's foreign Assets at each such Eligible
Securities Depository on a continuing basis and shall promptly
notify Customer or its adviser of any material changes in such
risks.
(b) Bank shall exercise reasonable care, prudence and diligence in
performing the requirements set forth in Section 2.20(a) above.
(c) Based on the information available to it in the exercise of
diligence, Bank shall determine the eligibility under Rule 17f-7
of each depository before including it on Schedule 1 hereto and
shall promptly advise Customer if any Eligible Securities
Depository ceases to be eligible. (Eligible Securities
Depositories used by Bank as of the date hereof are set forth in
Schedule 1 hereto, and as the same may be amended on notice to
Customer from time to time.)
C. Add the following after the first sentence of Section 5.1(a) of the
Agreement: "At the request of Customer, Bank may, but need not, add to
Schedule 1 of the Master Global Custody Agreement an Eligible Foreign
Custodian where Bank has not acted as Foreign Custody Manager with
respect to the selection thereof. Bank shall notify Customer in the
event that it elects to add any such entity subject to the terms
herein and the requirements of Rule 17f-5 under the 1940 Act,"
D. Add the following language as Sections 5.1(d), (e) and (f) of the
Agreement:
(d) The term Subcustodian as used herein shall mean the following:
(i) a 'U.S. Bank,' which shall mean a U.S. bank as defined in
Rule 17f-5(a)(7);
(ii) an `Eligible Foreign Custodian,' which shall mean: (i) a
banking institution or trust company, incorporated or
organized under the laws of a country other than the United
States, that is regulated as such by that country's
government or an agency thereof, and (ii) a majority-owned
direct or indirect subsidiary of a U.S. bank or bank holding
company which subsidiary is incorporated or organized under
the laws of a country other than the United States. In
addition, an Eligible Foreign Custodian shall also mean any
other entity that shall have been so qualified by exemptive
order, rule or other appropriate action of the SEC.
(iii) For purposes of clarity, it is agreed that as used in
Section 5.2(a), the term Subcustodian shall not include any
Eligible Foreign Custodian as to which Bank has not acted as
Foreign Custody Manager.
(e) The term `securities depository' as used herein when referring to
a securities depository located outside the U.S. shall mean: an
"Eligible Securities Depository" which, in turn, shall have the
same meaning as in Rule 17f-7(b)(1)(i)-(vi) as the same may be
amended from time to time, or that has otherwise been made exempt
pursuant to an SEC exemptive order; provided that, prior to the
compliance date with Rule 17f-7 for a particular securities
depository the term "securities depositories" shall be as defined
in (a)(1)(ii)-(iii) of the 1997 amendments to Rule 17f-5.
(f) The term "securities depository" as used herein when referring to
a securities depository located in the U.S. shall mean a
"securities depository" as defined in Rule 17f-4(a).
At the Customer's election, the Customer shall be entitled to be
subrogated to the rights of the Bank with respect to any claims
against an Eligible Foreign Custodians, or an Eligible Securities
Depository as a consequence of any loss, damage, cost, expense,
liability or claim if and to the extent that the Customer has not
been made whole for any such loss, damage, cost, expense,
liability or claim.
E. Add a new Section 2.21 to the Agreement as follows:
2.21 RUSSIAN EQUITY SECURITIES. With respect to holding by the Customer of
Russian equity Securities, the following shall apply:
(A) DEFINITIONS
The following words shall have the meanings ascribed to them in
this Section 2.21:
(1) "REGISTRAR COMPANY" shall mean any entity providing share
registration services to an issuer of Russian Securities and
appropriately licensed by the Federal Commission for
Securities and Securities Markets (or any replacement body)
in Russia.
(2) "REGISTRAR CONTRACT" shall mean a contract between the
Russian Subcustodian and a Registrar Company
(3) "RUSSIAN SECURITIES DEPOSITORY" shall mean any entity
licensed under Russian Federal law to carry out, as a
depository, registration of rights to Russian Securities,
which, in turn, the Russian Securities Depository has
registered on an omnibus basis with Registrar Companies.
(4) "RUSSIAN SUBCUSTODIAN" shall mean X.X. Xxxxxx Bank
International (Limited Liability Company), an indirect
wholly-owned subsidiary of JPMorgan Chase & Co., located in
Moscow, Russia, and any nominee companies appointed by it
(and shall also mean any additional or successor
subcustodian used by the Bank in Russia and any nominee
companies appointed by it or them).
(5) "SHARE EXTRACT" shall mean an extract of its share
registration books issued by a Registrar Company or
shareholding statement from a Russian Securities Depository
indicating an investor's ownership of a security. Share
Extracts are not securities and cannot be used to transfer
ownership. They may, however, be useful in establishing
proper ownership if any dispute arises as to the Customer's
ownership of certain shares.
(B) PAYMENT AND SETTLEMENT
Notwithstanding anything to the contrary herein, with respect to
purchasing Russian equity Securities, payment therefor shall not
be made prior to the issuance by the Registrar Company or Russian
Securities Depository (as the case may be) of the Share Extract
evidencing the transfer of ownership of the Russian Securities
being purchased.
(C) RESPONSIBILITY FOR REGISTRAR COMPANIES
(1) The Bank agrees to provide services in relation to Russian
Securities for which the Russian Subcustodian has entered
into a Registrar Contract with the relevant Registrar
Company. Bank and Russian Subcustodian will use reasonable
care in performing their respective obligations under this
Agreement in accordance with the standards prevailing in the
applicable market. Bank and Russian Subcustodian will not be
in violation of this Agreement with respect to any matter as
to which they satisfied their respective obligation of
reasonable care.
(2) Bank and Russian Subcustodian shall exercise reasonable
care, prudence and diligence in carrying out all their
respective duties and obligations under this Agreement, and
shall be liable to Customer for any and all direct Losses
suffered or incurred by such Customer resulting from
Financial Assets held at a Registrar Company or Russian
Securities Depository if such Loss directly resulted from
Bank's and/or Russian Subcustodian's gross negligence or
willful misconduct. No Registrar Company or Russian
Securities Depository shall be, or shall be deemed to be the
Bank, the Russian Subcustodian, a correspondent, a
subcustodian or the employee, agent or personnel of any of
the foregoing.
F. Add a new Section 6.2 to the Agreement as follows:
6.2 REGULATORY COMPLIANCE.
Bank acknowledges that it will provide statement(s) regarding its
control environment with respect to compliance with the federal
securities laws in a form agreed to between the Bank and Customer.
APPENDIX 1
INFORMATION REGARDING COUNTRY RISK
1. To aid Customer in its determinations regarding Country Risk, Bank shall
furnish annually and upon the initial placing of Financial Assets and Cash
into a country the following information (check items applicable):
A. Opinions of local counsel concerning:
___ i. Whether applicable foreign law would restrict the access afforded
Customer's independent public accountants to books and records kept by
an eligible foreign custodian located in that country.
___ ii. Whether applicable foreign law would restrict Customer's ability
to recover its Financial Assets and Cash in the event of the
bankruptcy of an Eligible Foreign Custodian located in that country.
___ iii. Whether applicable foreign law would restrict Customer's ability
to recover Financial Assets that are lost while under the control of
an Eligible Foreign Custodian located in the country.
B. Written information concerning:
___ i. The foreseeability of expropriation, nationalization, freezes, or
confiscation of Customer's Financial Assets.
___ ii. Whether difficulties in converting Customer's cash and cash
equivalents to U.S. dollars are reasonably foreseeable.
C. A market report with respect to the following topics:
(i) securities regulatory environment; (ii) foreign ownership
restrictions; (iii) foreign exchange; (iv) securities settlement
and registration; (v) taxation; and (vi) depositories (including
depository evaluation), if any.
2. To aid Customer in monitoring Country Risk, Bank shall furnish board the
following additional information:
Market flashes, including with respect to changes in the information
in market reports
SCHEDULE 1
SECURITIES DEPOSITORIES
-------------------------- ---------------------------------------------- -----------------------------------------------
COUNTRY DEPOSITORY INSTRUMENTS
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ARGENTINA CVSA Equity, Corporate Debt, Government Debt
(Caja de Valores S.A.)
CRYL Government Debt
(Central de Registration y Liquidacion de
Instrumentos de Endeudamiento Publico)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
AUSTRALIA ASX Austraclear Corporate Debt, Money Market, Government Debt
(Austraclear Limited) and Semi-Government Debt
ASTC Equity
(ASX Settlement and Transfer Corporation Pty
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
AUSTRIA OeKB Equity, Corporate Debt, Government Debt
(Oesterreichische Kontrollbank AG)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BAHRAIN CDS Equity
(Bahrain Stock Exchange Clearing, Settlement
and Central Depository System)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BANGLADESH CDBL Equity, Government Debt
(Central Depository Bangladesh Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BELGIUM Euroclear Belgium Equity, Corporate Debt
NBB Corporate Debt, Government Debt
(National Bank of Belgium)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BERMUDA BSD Equity
(Bermuda Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BOTSWANA CSDB Equity
(Central Securities Depository Company of
Botswana Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BRAZIL CBLC Equity
(Companhia Brasileira de Liquidacao e de
Custodia)
CETIP Corporate Debt
(Central de Custodia e de Liquidacao
Financiera de Titulos Privados)
SELIC Government Debt
(Sistema Especial de Liquidacao e Custodia)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BULGARIA BNB Government Debt
(Bulgaria National Bank)
CDAD Equity, Corporate Debt
(Central Depository A.D.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CANADA CDS Equity, Corporate, Government Debt
(The Canadian Depository for Securities
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CHILE DCV Equity, Corporate Debt, Government Debt
(Deposito Central de Valores S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CHINA, SHANGHAI CSDCC, Shanghai Branch Equity
(China Securities Depository and Clearing
Corporation Limited, Shanghai Branch)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CHINA, SHENZHEN CSDCC, Shenzhen Branch Equity
(China Securities Depository and Clearing
Corporation Limited, Shenzhen Branch)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
COLOMBIA DCV Government Debt
(Deposito Central de Valores)
DECEVAL Equity, Corporate Debt, Government Debt
(Deposito Centralizado de Valores de
Colombia S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CROATIA SKDD Equity, Corporate Debt, Government Debt
(Central Depository and Clearing Company
Inc. - Stredisnje klirinsko depozitarno
drustro, d.d.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CYPRUS CSD Equity, Corporate Debt, Government Debt
(Central Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CZECH REPUBLIC SCP Equity, Corporate Debt, Government Debt
(Stredisko cennych papiru - Ceska republica)
CNB Government Debt
(Xxxxx Xxxxxxx Banka)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
DENMARK VP Equity, Corporate Debt, Government Debt
(VP Securities A/S)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
EGYPT MCDR Equity, Corporate Debt
(Misr for Clearing, Depository and Central
Registry)
CBE Government Debt
(Central Bank of Egypt)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ESTONIA ECDS Equity, Corporate Debt, Government Debt
(Estonian Central Depository for Securities
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
FINLAND Euroclear Finland Equity, Corporate Debt, Government Debt
(Euroclear Finland Ltd)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
FRANCE Euroclear France Equity, Corporate Debt, Government Debt
(Euroclear France S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
GERMANY CBF Equity, Corporate Debt, Government Debt
(Clearstream Banking AG (Frankfurt))
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
GHANA BOG Government Debt
(Bank of Ghana)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
GREECE CSD Equity, Corporate Debt
(Hellenic Exchanges S.A. Holding, Clearing,
Settlement and Registry)
BoG Government Debt
(Bank of Greece)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
HONG KONG HKSCC Equity
(Hong Kong Securities Clearing Company
Limited)
HKMA CMU Corporate Debt, Government Debt
(Hong Kong Monetary Authority Central
Moneymarkets Unit)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
HUNGARY KELER Zrt. Equity, Corporate Debt, Government Debt
(Central Clearing House and Depository
(Budapest) Ltd.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ICELAND ISD Equity, Corporate Debt, Government Debt
(The Islandic Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
INDIA NSDL Equity, Corporate Debt, Government Debt
(National Securities Depository Limited)
CDSL Equity, Corporate Debt, Government Debt
(Central Depository Services (India) Limited)
RBI Government Debt
(Reserve Bank of India)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
INDONESIA KSEI Equity, Corporate Debt
(PT Kustodian Sentral Efek Indonesia)
Bank Indonesia Government Debt
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
INTERNATIONAL SECURITIES Euroclear Bank Internationally Traded Debt, Equity
MARKET (Euroclear Bank S.A./N.V.)
CBL Internationally Traded Debt, Equity
(Clearstream Banking, S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
IRELAND Euroclear UK & Ireland Equity, Corporate Debt
(Euroclear UK & Ireland Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ISRAEL TECH Equity, Corporate Debt, Government Debt
(Tel Aviv Stock Exchange Clearing House Ltd.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ITALY Monte Titoli S.p.A. Equity, Corporate Debt, Government Debt
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
IVORY COAST DC/BR Equity
(Le Depositaire Central / Banque de
Reglement)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
JAMAICA JCSD Equity, Corporate Debt, Government Debt
(Jamaica Central Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
JAPAN JASDEC Equity, Convertible Debt
(Japan Securities Depository Center,
Incorporated)
BoJ Registered Government Debt
(Bank of Japan)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
JORDAN SDC Equity, Corporate Debt
(Securities Depository Center)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
KAZAKHSTAN CSD Equity
(Central Securities Depository CJSC)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
KENYA CBCD Government Debt
(Central Bank Central Depository)
CDSC Equity, Corporate Debt
(Central Depository and Settlement
Corporation Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
KUWAIT KCC Equity, Corporate Debt
(The Kuwait Clearing Company S.A.K.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
LATVIA LCD Equity, Corporate Debt, Government Debt
(Latvian Central Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
LEBANON Midclear X.X.X. Equity
(Custodian and Clearing Center of Financial
Instruments for Lebanon and the Middle East
X.X.X.)
BDL Government Debt
(Banque du Liban)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
LITHUANIA CSDL Equity, Corporate Debt, Government Debt
(Central Securities Depository of Lithuania)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
LUXEMBOURG CBL Equity
(Clearstream Banking, S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
MALAYSIA Bursa Depository Equity, Corporate Debt
(Bursa Malaysia Depository Sdn Bhd)
BNM Government Debt
(Bank Negara Malaysia)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
MALTA CSD Equity, Corporate Debt, Government Debt
(The Central Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
MAURITIUS CDS Equity, Corporate Debt
(Central Depository and Settlement Company
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
BOM Government Debt
(Bank of Mauritius)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
MEXICO INDEVAL Equity, Corporate Debt, Government Debt
(S.D. INDEVAL S.A. de C.V.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
MOROCCO Maroclear Equity, Corporate Debt, Government Debt
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
NETHERLANDS Euroclear Nederland Equity, Corporate Debt, Government Debt
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
NEW ZEALAND NZCSD Equity, Corporate Debt, Government Debt
(New Zealand Central Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
NIGERIA CSCS Equity, Corporate Debt, Government Debt
(Central Securities Clearing System Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
NORWAY VPS Equity, Corporate Debt, Government Debt
(Verdipapirsentralen ASA)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
OMAN MDSRC Equity, Corporate Debt
(The Muscat Depository and Securities
Registration Company, S.A.O.C.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
PAKISTAN CDC Equity, Corporate Debt
(Central Depository Company of Pakistan
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SBP Government Debt
(State Bank of Pakistan)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
XXXX XXXXXX Equity, Corporate Debt, Government Debt
(CAVALI ICLV S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
PHILIPPINES PDTC Equity, Corporate Debt
(Philippine Depository and Trust Corp.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
XxXX Government Debt
(Register of Scripless Securities)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
POLAND NDS Equity, Long-Term Government Debt
(National Depository for Securities S.A.)
RPW Short-Term Government Debt
(Registry of Securities)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
PORTUGAL INTERBOLSA Equity, Corporate Debt, Government Debt
(Sociedade Gestora de Sistemas de Liquidacao
e de Sistemas Centralizados de Valores
Mobiliarios, S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
QATAR Equity
QE
(Qatar Exchange)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
ROMANIA CD S.A. Equity, Corporate Debt
(Central Depository S.A.)
NBR Government Debt
(National Bank of Romania)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
RUSSIA VTB Government Debt (Ministry of Finance Bonds)
(Vneshtorgbank)
NDC Corporate Debt, Government Debt (GKOs/OFZs)
(The National Depository Center)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SAUDI ARABIA Tadawul Equity, Corporate Debt
(The Saudi Securities Exchange (Tadawul)
Company)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SAMA Government Debt
(Saudi Arabian Monetary Authority)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SERBIA CSD Equity, Corporate Debt, Government Debt
(Central Securities Depository and Clearing
House for Serbia)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SINGAPORE CDP Equity, Corporate Debt
(The Central Depository (Pte) Limited)
MAS Government Debt
(Monetary Authority of Singapore)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SLOVAK REPUBLIC CDCP Equity, Corporate Debt, Government Debt
(Centralny depozitar cennych papierov SR,
a.s.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SLOVENIA KDD Equity, Corporate Debt, Government Debt
(Centralna klirinsko depotna xxxxxx x.x.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SOUTH AFRICA Strate Ltd. Equity, Corporate Debt, Government Debt
(Strate Central Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SOUTH KOREA KSD Equity, Corporate Debt, Government Debt
(Korea Securities Depository)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SPAIN IBERCLEAR Equity, Corporate Debt, Government Debt
(Sociedad de Gestion de los Sistemas de
Registro, Compensacion y Liquidacion de
Valores, S.A.)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SRI LANKA CDS Equity, Corporate Debt
(Central Depository System (Private) Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
LankaSecure Government Debt
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SWEDEN Euroclear Sweden Equity, Corporate Debt, Government Debt
(Euroclear Sweden AB)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
SWITZERLAND SIX SIS Equity, Corporate Debt, Government Debt
(SIX SIS AG)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
TAIWAN TDCC Equity, Corporate Debt
(Taiwan Depository and Clearing Corporation)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
CBC Government Debt
(Central Bank of the Republic of China)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
THAILAND TSD Equity, Corporate Debt, Government Debt
(Thailand Securities Depository Company
Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
TUNISIA STICODEVAM Equity, Corporate Debt, Government Debt
(Societe Tunisienne Interprofessionnelle
pour la Compensation et le Depot des Valeurs
Mobilieres)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
TURKEY CRA Equity, Corporate Debt
(Central Registry Agency)
CBoT Government Debt
(Central Bank of Turkey)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
UKRAINE MFS Corporate Debt, Selected Equity
(Interregional Securities Union)
-------------------------- ---------------------------------------------- -----------------------------------------------
-------------------------- ---------------------------------------------- -----------------------------------------------
UNITED ARAB EMIRATES - ADX Equity, Corporate Debt, Government Debt
ADX (Abu Dhabi Securities Exchange)
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UNITED ARAB EMIRATES - DFM Equity, Corporate Debt, Government Debt
DFM (Dubai Financial Market)
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-------------------------- ---------------------------------------------- -----------------------------------------------
UNITED ARAB EMIRATES - NASDAQ Dubai Equity, Corporate Debt
NASDAQ Dubai (NASDAQ Dubai Limited)
-------------------------- ---------------------------------------------- -----------------------------------------------
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UNITED KINGDOM Euroclear UK & Ireland Equity, Corporate Debt, Government Debt
(Euroclear UK & Ireland Limited)
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UNITED STATES DTC Equity, Corporate Debt
(The Depository Trust Company)
FRB Government Debt, Mortgage Back Debt
(Federal Reserve Bank)
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URUGUAY BCU Government Debt
(Banco Central del Uruguay)
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VENEZUELA BCV Government Debt
(Banco Central de Venezuela)
CVV Equity, Corporate Debt, Money Market
(Caja Venezolana de Valores, S.A.)
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VIETNAM VSD Equity, Corporate Debt, Government Debt
(Vietnam Securities Depository)
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ZAMBIA CSD Equity, Government Debt
(XxXX Central Shares Depository Limited)
BoZ Government Debt
(Bank of Zambia)
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