Report on the Description of the National Settlement Depository Controls, Suitability of Controls Design and Operating Effectiveness,
12 October, 2015
4
ii
the controls identified in the description would, if operated as described, provide
reasonable assurance that those risks did not prevent the stated control objectives from
being achieved; and
iii
the controls were consistently applied as designed, including that manual controls were
applied by individuals who have the appropriate competence and authority, throughout
the period the period February 18
to August 18, 2015
.
E.V. Astanin
Chairman of the Executive Board
Non-bank lending institution
Closed Joint Stock Company
“National Settlement Depository”
9 October 2015
