YEREVAN, June 15. /ARKA/. “Central Depository of Armenia” OJSC and the Central Depository of Belarus, Republican Unitary Enterprise “Republican Central Securities Depository” (CDB) concluded an agreement on opening of bilateral nominee accounts.
Within the framework of this agreement, CDA and CDB customers get access to the entire range of services provided by the Depositories in respect to registration of securities, settlement of transactions with securities and other services associated with the execution of rights for securities.
The bilateral link between two depositories will allow performing cross-border operations in a more efficient manner. In addition, it will facilitate operations of the investors of both countries in Armenian and Belarusian securities markets.
Currently CDA has nominee accounts opened with the National Settlement Depository of Russia, KACD (Republic of Kazakhstan) and Clearstream Banking S.A.
Besides nominee account with CDA, CDB has established correspondent relations with the following depositories: National Settlement Depository of Russia, Specialized depository INFINITUM (Russia), “SEB Bank” OJSC (Russia), “Uni-Credit Bank” CJSC (Russia), National Depository of Ukraine and KACD (Republic of Kazakhstan).
Republican Unitary Enterprise “Republican Central Securities Depository” (RUE “RCSD”) is the central securities depository of the Republic of Belarus, and is a government organization subordinate to the Ministry of Finance of the Republic of Belarus. RCSD was founded on 26 June, 1995.
In accordance with the Decree of the President № 277 of April 28, 2006 “On Some Issues of Securities Market Regulation”, the Republican Unitary Enterprise “Republican Central Securities Depository” is the central securities depository in the Republic of Belarus.
RCSD holds the special permission (license) #02200/5200-4-1111 for execution of professional and exchange activities, issued by the Ministry of Finance of the Republic of Belarus on 27 March 2003.
Since June 2008, RUE “RCSD” is a partner of the international Association of National Numbering Agencies and starting from December 1, 2008 RUE “RCSD” acts as the National Numbering Agency of Belarus and allocates international identification codes to securities issues of the Belarusian issuers.
“Central Depository of Armenia” OJSC (CDA) is the only centralized registry keeper and custodian in Armenia. CDA participate to the Association of Eurasian Central Securities Depositories and is a member of Association of National Numbering Agencies. Starting from 2014 CDA is the registry keeper of funded pension system participants and the custodian of mandatory pension funds assets. Starting from June 5, 2009, “NASDAQ OMX Armenia” ojsc became the 100% owner of CDA. -0-
