On 3-4 June 2014, the 11th Russian Securities Forum was held in Moscow. The event was organized by International Centre for Business Information (ICBI).
The forum is a platform for discussion of the outlook and development potential of the securities servicing infrastructure. Every year over 120 leading specialists of Russian securities market take part in the forum.
This year, the organizers decided to attract attention of the participant to the issues of Russia’s financial development strategy until 2020, Russian infrastructure integration in the global markets, in particular, the future of depository receipts programs and identification of their beneficiaries, and issuers related to implementation of amendments to Russian securities market law, new corporate actions procedures and information disclosure requirements.
Alina Akchurina, Chief of Product Development Department, NSD, took part in the panel discussion “CSD: Russian Infrastructure Integration in the European and Global Markets.” Ms. Akchurina presented the company’s view on a number of key topics of interest of international community: creation of the international financial center in Moscow and the CSD role in this process, NSD’s short term plans in respect to five core business directions development (CSD, repository, trilateral and clearing services, corporate information and corporate actions center and payment system), NSD’s risk management system, in particular, results of Thomas Murray’s audit in respect of NSD’s observance of CPSS-IOSCO principles, and an issue of creating the mega regulator on the basis of the Bank of Russia and other new initiatives developed by NSD together with the Bank of Russia.