NSD Receives Clearing License
OREANDA-NEWS. December 27, 2012. National Settlement Depository (NSD), Russia's central securities depository, received a license for clearing activities and got the following internal documents registered by Russia’s Financial Federal Markets service:
New version of the company’s Clearing Rules;
Internal Control Rules of NSD as a professional intermediary in the securities market and a clearing organization;
A list of measures aimed at minimizing risks associated with clearing operations and conducting clearing and other types of NSD's operations in securities market simultaneously.
About NSD
National Settlement Depository (NSD) is the central securities depository of the Russian Federation, a part of the Moscow Exchange Group. NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
The status of central securities depository was assigned to NSD by the Russian Federal Financial Markets Service’s order on 6 November 2012.
NSD holds professional securities market participant license #177-12042-000100 for depository operations issued by the Russian Federal Financial Markets Service on 19 February 2009, and license #3294 for bank operations issued by the Central Bank of the Russian Federation on 26 July 2012.
Registered office: Building 8, 1/13, Sredny Kislovsky Pereulok, Moscow 125009, Russia.
Supplementary office "Krasnye Vorota": 12, Spartakovskaya St., Moscow 105066, Russia.
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