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Central Depositary Status decree draft

28.03.2012 15:41 / MIFC

The Ministry of Finance draft of the Central Depositary Status decree has been published on the official Ministry of Finance website.

The Central Depositary Act was enacted on 1 January 2012. It stipulates that the Ministry of Finance is to draft the procedure of granting the Central Depositary status and the FFMS is to accredit the candidate. The only contender for the Central Depositary status is the National Settlement Depositary (part of MICEX-RTS Group).

The decree draft can be downloaded from:

http://www1.minfin.ru/common/img/uploaded/library/2012/03/Prikaz_TSD.doc

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