Maroclear launches Securities Dematerialization Service for non-listed companies
The dematerialization of securities is the abolition of the physical representation of the securities or the register of the company’s (issuer’s) shareholders, and its replacement by an book entry in electronic format at Maroclear via its Depositary.
All (LLCs) companies of the Moroccan economy without any size restriction.
Because the dematerialization of titles raises companies to the best international standards in terms of governance and management. Today it is an essential attribute for a modern, competitive and ambitious company.
Lower risk of loss, theft, destruction, forgery and errors
Visibility of the company on the radars of international investors thanks to an ISIN code
Automatic management of securities transactions (example: dividend payments)
Decrease in the company’s ecological footprint thanks to the paperless approach
Reduced management and administration costs