Depository Receipts (DRs)

Financial instruments that represent shares of an investor

Financial instruments that represent shares of a foreign company (correct)

Financial instruments that represent shares of a bank

Financial instruments that represent shares of a local company

DRs issued by the government of the country where the company is domiciled

DRs issued by the investors who hold the securities

DRs issued by the company that delivers the securities and initiates the process (correct)

DRs issued by the bank that holds the securities

A bank delivers equity shares to a company or an investor, which then issues a certificate to investors in the local market

A company or an investor delivers equity shares to a bank, which then issues a certificate to investors in the local market

A company or an investor delivers equity shares to a bank, which then issues a certificate to investors in the overseas market (correct)

A bank delivers equity shares to a company or an investor, which then issues a certificate to investors in the overseas market

<p>Companies should apply for listing and comply with all the listing requirements</p> Signup and view all the answers

<p>The bank holds the shares in its custodian account</p> Signup and view all the answers