On 24 May 2016, a meeting of the Supervisory Board of National Settlement Depository (NSD), Russia’s central securities depository, was held.
The members of the Board changed the composition of the Customer Committee for Settlement and Depository Services and Tariffs: Larisa Gorbacheva, Director, Head of Securities and Fund Services (Russia and CIS), AO Citibank, and Anna Zubanova, Senior Vice President, Senior Relations Manager, Custody, Raiffeisen Bank Russia, joined the Committee; Alexei Fedotov and Kristina Shchebrova left the Committee.
The Supervisory Board recommended PJSC Moscow Exchange sell one NSD share to AO Citibank.
The Board also approved the amended EDI Rules and Terms of NSD and the amended Conditions of Depository Operations of NSD. These documents will come into effect once they are approved by the Bank of Russia.