NSD Announces Results of Its Supervisory Board Meeting
OREANDA-NEWS. On 14 February 2013, a meeting of the members of Supervisory Board of National Settlement Depository (NSD), Russia’s central securities depository, was held. The participants of the meeting approved the Tariffs for NSD's services related to collateral management agreements, the amended Tariffs for repository services (these tariffs will be in effect until 1 August 2013) and a new version of the Tariffs for clearing services. The Tariffs for clearing services are subject to registration by Russia's Federal Financial Markets Service (FFMS); they will be in effect until 1 August 2013.
The members of the Supervisory Board also approved the new version of NSD's Clearing Rules (prior to putting in force the Rules are subject to registration by FFMS), and the List of measures aimed at preventing and solving conflicts of interest during 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.
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