Direct holding system (DHS) - Financial definition
Concise definition of the term direct holding system
A direct holding system is an arrangement for registering ownership of securities (or similar interests) whereby every final investor in the security is registered with a single entity (for example, the issuer itself, a [ACR0010009S]CSD[ACR0010009E] or a registry).
Comprehensive definition of the term direct holding system
In some countries, the use of a direct holding system is required by law.