On 14 February 2022, a meeting of the Supervisory Board of National Settlement Depository (NSD) took place.
The Supervisory Board took note of the following documents:
- Report NSD’s Risk Assessment for 2021 and NSD’s Risk Management Efficiency Self-Assessment as of 31 December 2021;
- Report on NSD’s Significant Risks for Q4 2021;
- Report on NSD’s Amount of Capital, on Results of Capital Adequacy Assessment, and on Complying with Mandatory Ratios for Q4 2021;
- NSD's Stress Testing and ICAAP Results Report for 2021;
- Report on the Fulfilment of the NSD Internal Audit Department’s Plan for 2H 2021 containing, inter alia, information on the measures taken to implement recommendations and address shortcomings identified by the IAD as of 31 December 2021;
- Report on the Implementation of NSD’s Budget (Business Plan) 2021.
The Supervisory Board recognized the effectiveness of the internal control system of NSD as satisfactory and adequate to the nature, scale and conditions of NSD activities.
The Supervisory Board approved the following amended and restated documents:
- Regulations on the Internal Audit Department of NSD;
- Rules of Internal Control of NSD Aimed at Combating Money Laundering, Terrorist Financing and Financing of Proliferation of Weapons of Mass Destruction;
- Clearing Rules of National Settlement Depository;
- Fee Schedule and Payment Guidelines for Clearing Services of NSD.