On 6-7 July 2016, the 10th International Forum of Corporate Secretaries “Corporate Secretary as a Key Link in a Modern Company’s Corporate Governance System” was held by the National Association of Corporate Secretaries (NACS) and the magazine “JSC: Corporate Governance Issues.” The “Best Corporate Information Disclosure via Website” award ceremony was held as part of the conference.
National Settlement Depository (NSD), Russia’s central securities depository, won the Private Companies nomination. The depository reached a highest score for 4 key criteria: mandatory corporate information disclosure, voluntary corporate information disclosure, structure and navigation, and design.
The NACS holds the award “Best Corporate Information Disclosure via Website” every second year. Any Russian firm with the corporate website can be nominated for it. The award’s goal is to enhance the role of companies’ websites in the system of interactions with shareholders and potential investors, as well as to improve the quality of corporate information disclosure by publishing it on official corporate web pages. This year, 150 firms competed to win the award.