NSD's international relations develop under the auspices of international integration. Work in this area can be divided into three main blocks: building relationships with institutions of the international financial community, implementing international standards, and implementing a special campaign to inform the global investment community about the new configuration of the market infrastructure in Russia.

As an assessment of NSD's results on the international arena, it can be noted that the authoritative British publication FTSE Global Markets included the National Settlement Depository in the list of 20 organizations that had the most significant impact on the world financial market in 2013.

Rule 17f-7 of the American Investment Company Act of 1940 obliges investment companies (Funds) to store their foreign assets in an "Eligible Depository".

An Eligible Depository is defined by Rule 17f-7 as an entity that:

• Acts as a centralized securities custody and/or accounting system in the country where it is established, or a transnational securities custody and/or accounting system.

• Is regulated by a foreign governmental authority as defined in Section 2(a)(50) of the Investment Company Act of 1940.

• Holds custodian assets acting on behalf of the Fund on terms no less favorable than those applied to other clients.

• Maintains records that identify each client's assets separately and separate the system's (depository's) own assets from its clients' assets.

• Provides regular reporting to its clients regarding their assets, including reports on credits/debits to client accounts.

• Is subject to periodic examinations by governmental authorities or independent auditors.

The National Settlement Depository meets all requirements for an Eligible Depository and complies with the criteria defined by Rule 17f-7 of the American Investment Company Act of 1940.