All clear given by NSD’s supervisory board 18 August 2014Moscow Reporter: Catherine Van de Stouwe
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The National Settlement Depository’s (NSD) clearing rules have been approved in a meeting of the supervisory board.
The clearing rules include corrections and amendments connected to peculiarities of clearing and collateral management services provided in respect of repos with the Federal treasury.
A new version of NSD’s electronic data interchange (EDI) rules was also approved. The EDI rules include amendments relating to the discontinuance of the Telex system as the information interaction channel for settlement services to NSD customers.
The board also reviewed a report on the NSD’s operating results for H1 2014.
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