Role | Responsibilities |
---|---|
Registrar | • Is responsible for developing the Security Tokens’ Smart Contract • Provides on-chain registration of the Security Tokens on the DLT upon issuance and transfer • Performs duties as defined by applicable law, or that fall under the regulation of the country of activity and acts on behalf of the Issuer: ✓ Compliance monitoring, including KYC diligence with regard to Security Token holders; ✓ Delivering notices to the Security Token holders; ✓ Processing of all notifications including subscriptions, redemptions and conversions; ✓ Processing of the Security Token’s transfer upon receipt of appropriate instructions; ✓ Processing of dividend/distribution payments and reinvestment instructions. |
Documentation
Tags
- Issuer
- Broker Dealer
- Investor
- Bonds
- Structured Products
- CAST based on BDT
3.2.16
Registrar
Last update, October 28
CAST Code
Standards
Framework | Path | Description |
---|---|---|
bdt
|
Registrar
[BDT.enum]PartyRole/Registrar
|