How can we help ?
By completing this form, Maroclear undertakes to:
› Contact you quickly,
› Study your need,
› Advise you on your project,
› Provide a feedback to your request.
Route d’El Jadida, 18 Cité Laïa, 20 200 – Casablanca – Maroc
+212 522 239 000
+212 522 994 464
Frequently Asked Questions
Any authorized financial intermediary or issuer may apply for affiliation with the Central Depository. The main objective of this process is to ensure that the applicant meets a certain number of technical requirements related to its IT infrastructure and its ability to link and connect to the Central Depository's system. Once these technical requirements are met, the Central Depository activates the affiliate in its system so that the latter can carry out its securities activity.
Any affiliation request from an authorized financial intermediary or an issuer is subject to specific processing described below :
Step 1:
Sending of the affiliation request by the applicant to Maroclear.
Step 2:
Maroclear studies the request, then issues a notice to the applicant:
Request accepted.
Request refused and notified to the applicant.
Step 3:
In case of acceptance, the repository manager at Maroclear creates the affiliate in the system and informs the affiliate himself and the entire financial center by affiliation notice.
Any financial intermediary wishing to be authorized to hold securities accounts must have the necessary means, in accordance with the legal and regulatory framework.
This compliance aims to guarantee services that meet the market's reliability and security conditions.
Any structure that meets all the conditions relating to the following sections is eligible for authorization: Organizational structure, human resources, management procedures, internal control, accounting obligations and IT resources.
Once the financial intermediary has ensured that it meets all the conditions, it can at any time trigger the authorization request process by following the 6 steps below :
Step 1:
Sending of an authorization request by the financial intermediary to the Minister of Finance, plus a copy sent in parallel to Maroclear.
Step 2:
Sending of a request for opinion by the Minister of Finance to Maroclear.
Step 3:
Processing of the file by Maroclear.
Step 4:
Transmission of the reasoned opinion of Maroclear to the Minister of Finance.
Step 5:
Decision of the Minister of Finance and notification to the financial intermediary.
