Euroclear Nederland is taking steps for full Dutch securities dematerialization by the end of 2013, Mondovisione reports. Euroclear will remove all paper-based securities certificates in the Netherlands in compliance with an amendment to the Dutch Securities Giro Act. All the Dutch securities currently in paper form that are held by Euroclear Nederland will be converted to either global notes or dematerialized securities after a two-year migration period. The move will make it easier, less expensive and safer for Dutch issuers to raise capital and end investors to trade and own Dutch securities.

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