CHESS subregister
The CHESS subregister is maintained by ASX Settlement and is one of two ways a shareholder can be identified as the legal owner of their shares. To be registered on CHESS, a shareholder needs a signed sponsorship agreement with a sponsoring broker, which is typically their broker or a settlement agent. A shareholder’s sponsoring broker manages securities transfers to and from an investor’s CHESS holdings, based on the shareholder’s instructions and under the terms of their sponsorship agreement. Read more about the CHESS subregister.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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