INTERNATIONAL: NSD Granted Authority to Assign ISIN’s to Moldovan Securities

Friday February 16 2018

On 16^th February 2018, the National Settlement Depository (NSD), Russia’s central securities depository, acting as the substitute numbering agency (SNA), began assigning international codes to Moldovan issuers’ securities and adding the codes to the international database of the Association of National Numbering Agencies (ANNA). This was carried out in accordance with ANNA’s regulatory requirements.

NSD is one of the four global organizations which ANNA has authorized to act as substitute numbering agencies, the others are CUSIP Global Services (USA), SIX Financial Information Ltd (Switzerland), and WM Datenservice (Germany). NSD received the SNA status in 2007 following ANNA’s  general meeting’s resolution. NSD therefore performs SNA functions in Russian Commonwealth countries.

ANNA authorises SNA status to the most experienced and active national numbering agencies. These SNA’s then assign international codes to securities in the countries without official numbering agencies. SNAs can also provide the stability of the international codification process in the countries where national numbering agencies cannot perform their functions due to various reasons.

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