NSD Announces Results of Its Supervisory Board Meeting

29 October 2021
Print version

On 28 October 2021, a meeting of the Supervisory Board of National Settlement Depository (NSD) took place.

The Supervisory Board elected Chairpersons of NSD's Customer Committees:

  • Vladimir Itunin, Head of Depository, JSC “DOM.RF” (Customer Committee for Quality Control and Risk Management);
  • Alexander Nazarov, Head of Product Management, Securities Department, AO Citibank (Customer Committee for Settlement and Depository Services and Tariffs);
  • Vadim Protasenko, First Deputy General Director, JSC "IRC - R.O.S.T." (Customer Committee for Registrar and Depository Relations).

The Chairpersons were instructed to draw up lists of new candidates to the Customer Committees.

The Supervisory Board approved the following documents:

  • Amended and Restated Regulations on the Internal control Department of NSD;
  • Amended and Restated Rules of Internal Control of NSD Aimed at Combating Money Laundering, Terrorist Financing and Financing of Proliferation of Weapons of Mass Destruction;
  • Internal Audit Policies (Standards).

The Supervisory Board took note of the following documents:

  • Q3 2021 Report on NSD’s Significant Risks
  • Q3 2021 Report on NSD’s Amount of Capital, on Results of Capital Adequacy Assessment, and on Complying with Mandatory Ratios.
  • NSD Internal Control Department's Progress Report on Internal Control over the Professional Securities Market Participant’s Operations for Q3 2021.
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