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The CSD that would consolidate CIS markets June 16, 2010 Artem Zakharov
[object Object],[object Object]
 
 
Moscow is an International Finance Center?
Infrastructure
 
 
Ideal infrastructure has no impact on investment decisions
Why CIS?
Central depository investors issuers custodians registrars
Central depository
Supranational organization
Exclusive functions
[object Object],Settlement depository for exchanges Central source of CA information
Cheap
Custodians
Custody has increasingly become an information delivery business, rather than a securities processing business” ,[object Object],“
IT platform
S.W.I.F.T.
Black box
Central depository investors issuers custodians registrars
One more thing…
Moscow is an International Finance Center !

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Central Depository that would consolidate CIS market