Centralised Administration Services
The Centralised Administration Service is carried out by Monte Titoli as the sole Italian Central Securities Depository.
Any type of non-derivative financial instrument, whether Italian or foreign, can be admitted to Monte Titoli's system and registered by means of book entries without any physical movement and with high standards of security and efficiency.
Nearly all the centralised securities are booked in dematerialised form. Financial instruments that still exist in paper form are represented by global or jumbo certificates.
Both Italian and non resident intermediaries, issuers, or clearing and settlement institutions may participate in Monte Titoli’s Centralised Administration Service.