OREANDA-NEWS. On 23 December 2014, a meeting of the Supervisory Board of National Settlement Depository (NSD), Russia's central securities depository, took place.

The members of the Supervisory Board took into consideration the report on NSD's current activities for 2014 and on the implementation of the company's 2012-2015 strategy. The Supervisory Board entrusted the executive bodies of the company to continue the work on a preparation of the NSD strategy as a part of the work on the Moscow Exchange Group's development strategy up to 2017.

The members of the Supervisory Board approved the company's Budget of Income, Expense and Profit and the Capital Investments Budget for 2015.

A report on the results of the rating audit conducted by Thomas Murray was presented to the members of the Supervisory Board.

The Supervisory Board determined the priority directions of the company's development for 2015. In particular, the company will keep working on projects related to the reform of the corporate actions system in the Russian market; these projects are focused on increasing the transparency and implementing new technologies for these actions conducted by issuers and on investor interests' protection. In cooperation with the Bank of Russia, NSD plans to implement a technology of DVP settlements via the Bank of Russia's RTGS that will increase the reliability of settlements. It is planned to continue developing the electronic pre-matching service allowing market participants to mitigate risks of non-executing transactions with securities. The company will proceed with work on development of collateral management services, in particular, within the framework of the on-exchange repo projects. NSD plans also include the creation of the system of UIT units issuance and redemption on the basis of the NSD platform that will contribute to increased efficiency of the collective investment market.

In addition to this, the Supervisory Board approved fees for the withholding agent services (tax calculation and withholding in respect to payment of yield on bonds and shares of Russian issuers) and fees for information services within the framework of the National Securities Market Association's Price Center. More information about the approved fees will be placed on NSD's website.

The Supervisory Board formed new NSD Customer Committees.

NSD Customer Committee for Quality Control and Risk Management now includes the following members:

Svetlana Kamasheva, Managing Director, JSC VTB Bank, Chairperson of the Committee

Valeriya Avksentyeva, General Director, OTKRITIE Brokerage House JSC

Ekaterina Anisimova, Product Manager, Direct Custody & Clearing, CB "J.P. Morgan Bank International"

Anna Antonova, Head of Monitoring Section, Unit of Monitoring of Systemically Important Infrastructure Organizations in the Financial Market, Division of Methodology of Regulation and Monitoring of Systemically Important Infrastructure Organizations in the Financial Market, Financial Stability Department, Central Bank of the Russian Federation (Bank of Russia)

Olga Veksler, Head of Operations, Barclays Capital LLC

Vladislav Vlasenko, Head of Depository, MDM Bank

Zinaida Esenkova, Head of Depository, Sberbank CIB

Elena Krivosheina, Deputy Head of Depository Department of the Securities Unit, ZAO Citibank

Dmitry Ludvik, Products and Services Manager, Domestic Custody Services, Deutsche Bank LLC

Dmitry Nikolaev, Head of Depository Services Department, Vnesheconombank's Depository

Kirill Potapov, Deputy General Director, Head of Internal Control, VTB Specialized Depository

Alexey Subbotin, Head of Depository, Alfa-Bank

Nikolay Chemodurov, Head of Directorate for Analysis and Control of Depository Operations, Depository Center of Gazprombank (OJSC)

NSD Customer Committee for Registrar and Depository Relations now includes the following members:

Yuri Taranovsky, General Director, Reyestr OJSC, Chairperson of the Committee

Natalya Abretova, Chief of Depository Services and Correspondent Relations, ROSBANK (OJSC JSCB)

Rushaniya Barkhatova, Director, Novy Registrator CJSC

Yulia Burlakova, Deputy General Director, Director of Operations Department, Status CJSC

Alexey Vasilyev, Head of IT Division, СJSC SR-DRAGa

Maksim Getsman, Deputy General Director, VTB Registrar

Maria Dolgopolova, Head of Registrar Maintenance and Depository Activities Department, INFINITUM Specialized Depository OJSC

Dmitry Ishutin, Deputy Head of Domestic Custody Services, Deutsche Bank LLC

Alexander Klimanov, Head of Interdepository Operations, Depository Center of Gazprombank (OJSC)

Tatiana Lazutkina, Deputy General Director, "Solid" Investment Financial Company CJSC

Aleksey Morozov, Deputy General Director, National Custodial Company CJSC

Nadezhda Perekhodova, Deputy Head of Department for Register Maintenance, First Specialized Depository CJSC

Alexander Tropanov, Deputy General Director (Legal), Professional Registration Center CJSC

Tatiana Ulianova, Deputy Head of Depository Services Department, Vnesheconombank

Marina Uspenskaya, Customer Services Director, Computershare Registrar CJSC

Ksenia Shinkarenko, Director, Depository Operations Department, Otkritie Financial Corporation Bank

Natalia Shtalenkova, Head of Product Development Division, Depository Services Department, CB "J.P. Morgan Bank International" (LLC)

NSD Customer Committee for Settlement & Depository Services and Tariffs now includes the following members:

Dmitry Zaliznyak, Head of Depository Services Development Department, CB "J.P. Morgan Bank International" (LLC), Chairman of the Committee

Vladislav Vlasenko, Head of Depository, MDM Bank

Madina Gagloeva, Head of Depository Operations, VTB Specialized Depository

Sergey Danilin, COO, BrokerCreditService Ltd

Yulia Davydova, Head of Accounting and Control Department of Depository, ROSBANK (OJSC JSCB)

Igor Zhelezny, Deputy Director of Depository, Sberbank of Russia

Anna Zubanova, Head of Depository, JSC "SEB Bank"

Maria Ilyina, Deputy Director of Depository, Head of Settlements and Corporate Actions Department, Vnesheconombank

Ekaterina Kalinina, Head of Depository Department, Deutsche Bank LLC

Alexander Kondratyev, Head of Depository, Renaissance Online LLC

Oksana Markova, Head of Operations Development Unit, VTB Capital CJSC

Yulia Umnova, Head of Commercial Planning and Development Unit, ZAO UniCredit Bank

Alexei Fedotov, Head of Securities and Fund Services (Russia and CIS), ZAO Citibank

Khristina Schebrova, Head of Client Relations, Custody, Barclays Capital LLC

The Supervisory Board approved a new version of the company's Clearing Rules that incorporates the Bank of Russia's recommendations; the new document will be submitted to the regulator for registration*.