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Russian Central Depositary Fully Operational 30 March 2013
19.11.2012 16:07 / «Kommersant-Online»
“In the near future, we expect central depositary software to be tested, central depositary accounts at registrars and foreign custodian nominee accounts at the central depositary opened”, said Pankin. He noted that these procedures may take up several months and everything should be in place by 30 March so that “actual foreign nominee account transactions will commence”.
He added that as early as in December, National Settlement Depositary, recently granted central depositary status, will begin to service sovereign bonds, quotes Prime News Agency.