MOSCOW – National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces results of the meeting of the company's Supervisory Board held 23 July.
The participants of the meeting made decision to terminate powers of Natalia Abretova and Yekaterina Anisimova, members of the Customer Committee for Registrar and Depository Relations, and elected the new members of the Committee – Yuliya Davydova, Head of Accounting and Control Department of Depository, ROSBANK (OJSC JSCB), and Larisa Gorbacheva, Director, Chief of Depository Department, ZAO Citibank. The decision has been made following ROSBANK (OJSC JSCB) and ZAO Citibank's recommendations.
The members of the Board took into consideration a report for 1H 2012 submitted by NSD’s Internal Audit Division, and a report for 2Q 2012 presented by NSD's Controller.
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the Moscow Exchange Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.
NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.
In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.
NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
For further information about NSD: http://www.nsd.ru/ , or NSD Public Affairs Division: +7 495 232 0910,
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