On 11 September 2019, a meeting of the Supervisory Board of National Settlement Depository (NSD), Russia’s central securities depository, took place.
The Supervisory Board took into account:
- The report on the implementation of the NSD Internal Audit Department’s activity plan for H1 2019 and information about the measures taken to follow recommendations and correct shortcomings identified by the Internal Audit Department as of 30 June 2019;
- NSD’s report on the assessment of risks for H1 2019 and of the assessment of risk management activity effectiveness as of 30 June 2019.
The Supervisory Board also approved the amended and restated Risk Management Policy of NSD.