INTERNATIONAL: NSD and Egyptian CSD Sign Memorandum of Understanding

Tuesday April 12 2016

On 12^th April 2016, National Settlement Depository (NSD), Russia’s central securities depository, and Misr for Central Clearing, Depository and Registry (MCDR), Egypt’s central securities depository, signed a memorandum of understanding at the Moscow Exchange Forum.

The CSDs agreed to develop their cooperation in order to provide investors with access to the markets of both countries, to exchange information and experience in the sphere of depository and settlement operations and interactions via correspondent accounts, corporate actions processing and information services. In addition, the parties agreed to cooperate within the framework of the World Forum of CSDs.

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