NSD Announces Results of Its Supervisory Board Meeting

07 October 2021
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On 6 October 2021, a meeting of the Supervisory Board of National Settlement Depository (NSD) took place.

The Supervisory Board approved the following documents:

  • Amended and restated Fee Schedule for NSD’s Depository Services;
  • Fees for CSD’s services with respect to securities held in NSD’s accounts with registers of securities holders, or securities with respect to which NSD performs centralized safekeeping or centralized recordkeeping of rights to securities issued under Russian laws (the ‘CSD Fees’);
  • Amended and Restated Terms and Conditions of Depository Operations of National Settlement Depository (the ‘Terms and Conditions of Depository Operations’).

The CSD Fees and the Terms and Conditions of Depository Operations were pre-approved by the Central Securities Depository Customer Committee (Minutes No. 49 dated 20 September 2021).

The Fee Schedule for NSD’s Depository Services, the CSD Fees and the Terms and Conditions of Depository Operations will take effect upon approval by the Bank of Russia of the CSD Fees and the Terms and Conditions of Depository Operations, accordingly.

The Supervisory Board took note of the following documents:

  • NSD’s Performance Report for 8M 2021;
  • Report on the Implementation of NSD’s Budget (Business Plan) over the Period of 8M 2021.
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