Russia’s NSD Looks For Asian Partners

The National Settlement Depository, Russia’s CSD, has stepped up its intentions to develop partnerships in the Asian markets.

Last month, a delegation of NSD, the Bank of Russia, Russia’s Ministry of Finance and the Moscow Exchange, conducted a series of seminars for market participants in Hong Kong and Singapore. In addition, it held bilateral meetings with representatives from regulators, infrastructural organizations and the banking community.

According to a statement from the NSD, the key goal to these visits was to “develop a long-term cooperation with partners in these new markets,” and to introduce Asian investors to the Russian securities market.

“Russian companies have been attracting funds in the Asian region for a long time; we see Asian investors’ interest in Russian issuers, there is a great experience of building links between NSD and foreign CSDs. This gives us grounds for more active interactions between our countries’ infrastructural institutions,” says Eddie Astanin, chairman of the supervisory board, NSD.