MOSCOW – National Settlement Depository (NSD), Russia’s central securities depository, and Joint Stock Company "Central Securities Depository" (KACD) have signed the CSD foreign nominee account agreement.
Pursuant to the concluded agreement, NSD will provide services related to record keeping of rights of securities to the persons concluded foreign CSD account agreements, maintaining CSD foreign nominee accounts, conducting operations in the account and rendering other services connected to execution of rights for securities.
KACD’s customers may conduct settlements on transactions and keep securities using KACD’s account with Russia’s central securities depository.
NSD has already opened the account with KACD. The bilateral interactions channel between two depositories will allow to conduct cross-border operations in a more efficient manner.
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.
Registered office: Building 8, 1/13, Sredny Kislovsky Pereulok, Moscow 125009, Russia.
Supplementary office "Krasnye Vorota": 12, Spartakovskaya St., Moscow 105066, Russia
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