MOSCOW – National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and SR-DRAGa CJSC have concluded an agreement for transfer agency services provided via NSD's EDI system.
Now the registered persons/entities that use NSD EDI system and hold the customer accounts opened with securities owners’ registers maintained by SR-DRAGa may get electronic documents for conducting operations in the registers and/or receive their customer account statements.
This service allows to accelerate the processing of the documents submitted to the registrar, to minimize errors in electronic documents prepared on the basis of approved formats of electronic interactions. Moreover, the information exchange held via EDI system increases a level of safety of the transmitted information due to using protected telecommunications channels and certified encryption-based safeguards certified in compliance with Russian standards. Electronic documents created in the course of electronic data interchange are authentic; they have the legal relevance while using them to create a digital signature.
NSD’s EDI system users may use this service after testing of the appropriate EDI procedures. More information about using transfer agency services and a procedure of exchanging test messages is available at NSD web site (in Russian).
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX-RTS 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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SR-DRAGa CJSC has supplied the full range of services connected to maintenance and storage of share registers, information services, paying agent services and investor protection services since 1994.
SR-DRAGa is an authorized registrar of the Ministry of Property Relations of the Russian Federation. The company provides services to major Russian issuers representing various industries including Gazprom, Gazprom Neft, S.P. Korolev RSC Energia, Udarnitsa, Sibur Holding, Mosenergo, TGC-1, OGK-2.
For further information about SR-DRAGa: http://www.draga.ru/