Central Securities Depository of Belarus

The Republican Unitary Enterprise "Republican Central Securities Depository" (the CSD of Belarus), established in 1995, performs the functions of the central securities depository. The CSD of Belarus is the settlement depository on the stock market and carries out its own depository activity. It is subordinate to the Ministry of Finance of the Republic of Belarus. There is a two-tier depository system in the Republic of Belarus, which includes the Central securities depository and the second-tier depositories that have established correspondent relations with the CSD. Key Functions of the CSD: - acceptance of the securities for the centralized custody, after their state registration; - control over the total number of securities in the depository system; - maintenance of unified reference books of the depository system; - keeping of correspondent depo accounts of the second-tier depositories; - transfers of the securities from/to the correspondent accounts; - collecting of the registries of the securities owners; - recording of rights on shares held in the property of the Republic of Belarus; - keeping of depo accounts of issuers and depositors, transfers of the securities from/to holders’ accounts; - information and consulting services; - assignment of national and international identification codes; - rendering of statutory information disclosure services on the securities market; - registration of transactions with securities on OTC market; - performing the functions of the settlement depository for transactions with securities on the stock exchange. The CSD of Belarus is the member of the Association of Eurasian Central Securities Depositories (AECSD), the Association of National Numbering Agencies (ANNA), and the Belarusian Association of Securities Market Participants. The CSD is connected to the Society for Worldwide Interbank Financial Telecommunication (SWIFT).