FFMS and NSD Sign Agreement on Information Interaction
OREANDA-NEWS. January 21, 2013. National Settlement Depository (NSD), Russia’s central securities depository, reports that it concluded an agreement on information interaction with the Russian Federal Financial Markets Service (FFMS). On 29 December 2012, Dmitry Pankin, Head of FFMS, and Eddie Astanin, Chairman of the Executive Board of NSD, signed the document.
Signing of the agreement between FFMS and NSD is an important step towards creation and development of an integrated information space allowing improved awareness of the service and infrastructure institutions, and to provide easy access to the required information.
According to the agreement, FFMS will provide information regarding Russian issuers and securities issues to NSD; in particular, this information will include data related to decisions on registration of equity securities issues, information about releasing an issuer from the duty to disclose information, information about cancellation and suspension of a license of a professional securities market participant.
NSD will submit to FFMS information about the placement and redemption of bonds, including exchange traded bonds, data related to assignment and withdrawal of ISIN codes, and information about daily results in respect of forthcoming material facts and material facts already undertaken by NSD, including corporate actions.
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