Report on the Description of the National Settlement Depository Controls, Suitability of Controls Design and Operating Effectiveness,
12 October, 2015
10
Securities
Department
HR Division
Supervisory Board
General Meeting of Shareholders
Information
Security Division
Internal Control
Department
Clients Relations
Department
IT Maintenance
Department
Internal
Audit
Department
Operations
Department
Security Division
Regulatory
IT Director, Member of
the Executive Board
Executive Board
Chairman of the Board
Legal Department
Accounting &
Reporting
Department
Research &
Development
Department
RiskManagement
Department
Deputy Chairman of the
Executive Board
Deputy Chairman of the
Executive Board, Member
of the Executive Board
Chief Accountant, Director of
Department, Member of the
Executive Board
Business
Continuity Service
Strategic Planning
& Control
Department
General Economic
Department
Stock Market
Trading
Department
Administrative
Division
IT Development
Department
Vice President,
Director for Development
and Clients Relations
Repository
Activities
Development
Division
Fig. 1. The Company's organisational structure
The Vice President, the Chief Operations Officer, is responsible for day-to-day operations
overseeing the departments that conduct core operations of the Company. In accordance with
the Company's organisational structure, its key business units include:
Client Relations Department. CRD employees are responsible for concluding contracts with
clients, accepting NSD clients' instructions, submitting to clients reports on transactions made,
statements on securities accounts and bank accounts, and advising Company's clients.
Securities Department is responsible for:
Providing securities holders and the Company's internal business units with corporate
information (on issuers, registrars, securities, issuers' corporate actions);
Executing issuers' corporate actions;
Processing and executing client orders to debit and credit securities as well as to process
and execute global transactions; and
Processing and executing clearing transactions.
Cash Settlement Department is responsible for:
Making settlements in Russian roubles and foreign currencies on exchange and OTC
markets; making DVP settlements in Russian roubles and foreign currencies on clients'
