Re-registration Agent Services in Krasnoyarsk Become Cheaper
OREANDA-NEWS. August 3, 2009. With effect from July 30, 2009, Depository Clearing Company (DCC) starts providing re-registration agent services including receipt and delivery of documents for execution of operations in registers of 17 joint-stock companies under the agreement with ZAO Vash Registrator.
The electronic link established between DCC and ZAO Vash Registrator enables security holders to cut time required for execution of operations in share registers significantly, as well as to reduce expenses related to traveling to Krasnoyarsk.
Operations in DCC account in share registers of the joint-stock companies are executed via the Electronic Document Interchange using PARTAD standards launched between DCC and ZAO Vash Registrator earlier.
The electronic link is also used for execution of operations in registers of investment unit holders.
Thus, ZAO Vash Registrator is the first regional registrar to take advantage of DCC EDI in all segments of the securities market.
Комментарии