On 15 September 2016, a meeting of the Supervisory Board of National Settlement Depository (NSD), Russia’s central securities depository, took place.
The Supervisory Board approved the new version of the corporate Code of Professional Ethics which is to come into effect once it is agreed on by the Bank of Russia, and also approved a number of other internal documents, including:
- NSD’s Procedure for Preventing Conflicts of Interest;
- The new version of the company’s Financial Recovery (Self-Recovery) Plan.
In addition, the Supervisory Board of NSD took into consideration the Internal Audit Department’s activity report for H1 2016.