Eddie Astanin, Chairman of the Executive Board of National Settlement Depository (NSD), Russia’s central securities depository, has been re-elected to the Board of Directors of SWIFT, the global system of interbank transfers. Mr. Astanin has held this post since 2015, when Russia’s representative joined the Board of Directors of SWIFT for the first time. The…
Read moreOn 12 April 2018, Russia’s Federal Treasury has informed that it has successfully conducted its first repo auction with a floating rate via National Settlement Depository’s Collateral Management System (CMS). The amount of concluded transactions reached RUB 60.7 billion. Federal Treasury repos with a floating rate is a new product in NSD’s CMS product range.…
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National Settlement Depository (NSD), Russia’s central securities depository, announced that it has successfully passed all stages of the accreditation process by the Global Legal Entity Identifier Foundation (GLEIF) and has been granted Local Operating Unit (LOU) status. NSD is the first and only company in Russia and the CIS countries that has received accredited LOU…
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National Settlement Depository (NSD) just informed that it has improved the channel for client interactions by implementing the Application Programming Interface (API) for online banking services. Now, the system allows clients to connect their software directly with NSD payment services in real time without using a special procedure to transmit messages from the automated banking…
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The CSD Working Group on DLT, which includes National Settlement Depository (NSD), and SWIFT announced that they have signed a Memorandum of Understanding (MOU). In addition to NSD, the CSD Working Group on DLT includes Strate (the CSD of the South African Republic), SIX Securities Services (the international CSD located in Switzerland), Nasdaq (CSD in…
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National Settlement Depository (NSD), acting in compliance with ISO 18774, announced that it has started assigning FISNs (Financial Instrument Short Names) to securities and related financial instruments. ISO 18774 is an international standard which establishes a universal approach to reflecting the short descriptions of financial instruments based on unified rules and format. FISN is one…
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National Settlement Depository (NSD) and VTB Registrar announced that they will provide Alrosa, Russia’s diamond mining company, with e-voting services at its General Meeting of Shareholders. From 19 December 2017 to 11 January 2018, Alrosa shareholders will be able to use NSD’s e-voting systems and VTB Registrar’s Meeting Portal service. The synergy of the companies’…
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National Settlement Depository (NSD), Russia’s central securities depository, announced that has expanded settlement opportunities for its clients: it has conducted the first DVP transaction via a correspondent account with the Bank of Russia. Along with DVP settlements in NSD and on accounts with foreign banks, NSD also provides its clients with the opportunity to conduct…
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National Settlement Depository (NSD), Russia’s central securities depository, has launched a service allowing for the prioritization of the execution of instructions when settling securities transactions on a DVP basis (transaction code 19/0) or a FOP basis (transaction code 16). The prioritization service complies with international central securities depositories’ practice, increases settlement efficiency, and allows clients…
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National Settlement Depository (NSD), Russia’s central securities depository, in cooperation with the Russian National Association of Securities Market Participants (NAUFOR), has launched a centralized system for record keeping and distributing Unit Investment Trust (UIT) units. The new system allows users to get access to operations with the UIT units for all asset management companies connected…
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