National Settlement Depository (NSD), Russia’s central securities depository, has approved a series of regulations governing the operations of its Valuation Center, including the Regulations on NSD’s Valuation Center and the Regulations on the Expert Council of NSD’s Valuation Center.
The Expert Council of NSD’s Valuation Center now includes the following members:
- Nikita Boiko, Agency for Housing Mortgage Lending
- Aleksey Buzdalin, Interfax
- Evgeny Golovin, Moscow Exchange
- Oleg Evdokimov, Otkritie
- Alexey Kitaev, Sberbank CIB
- Dmitry Murzinov, NCC
- Alexei Orlov, Bank of Russia (non-voting member)
- Varvara Ponomareva, Region
- Alexander Tkachenko, VTB
- Georgy Uryutov, NSD
Georgy Uryutov, Head of General Economic Department, NSD, was unanimously elected Chairman of the Expert Council of the Valuation Center at its first meeting last week. The Expert Council also approved the Method for determining the value of a bond to be accredited with the Bank of Russia and considered the Center’s Action Plan for 2016-2017 which included the development of the new bond valuation method for use in repo transactions.