Maroclear Ensures Continuity of its Activities

Maroclear Ensures Continuity of its Activities
Wednesday 25 March 2020 - 11:35

In the context of the COVID-19 pandemic, MAROCLEAR ensures the continuity of its services and informs all the participants in the Moroccan Financial Market that its activities continue under normal conditions.

Therefore, the Central Securities Depository has taken the necessary precautionary measures in order to preserve the health and safety of all, in accordance with the directives of the Authorities, Maroclear said in a release.

Maroclear assures market participants and the public that it has set up all the measures that enable it to ensure the continuity and security of its services, according to its Business Continuity Plan.

To this end, MAROCLEAR ensures the continuity of all its services, i.e. Numbering, Admission of Securities, Settlement and corporate actions processing, in order to meet the financial market expectations.

Considering its role as a Financial Market Infrastructure, MAROCLEAR “remains fully mobilized to move forward, in close collaboration with regulators and Market participants, to meet this challenge”, it added.

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