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Chairman of NDC Appointed Chairman of AECSD
On 13th September, the President of JSC "National Depository Center" Fariz Azizov and will chair the Association of Eurasian Central Securities Depositories (AECSD) in the period 2013-2014. This decision was made by CSDs of 10 participating countries in AECSD, said the NDC.
Chairman of the Association is the executive body of the Association, exercising its current leadership in between meetings of the General Meeting of the Members of the Association.
The founding conference was held AECSD December 22, 2014 in Moscow. It includes depository 10 countries. AECSD - the union of central depositories of the Commonwealth of Independent States ( CIS), whose main objective is the development and improvement of depository activities , the creation of a single " depository space" , the entry of central depositories of CIS countries in the world system of settlement of securities transactions .
The founder of the NDC is the State Committee on Securities. From September this year, it launched the functions of a central depository in Azerbaijan. At the same time, since 2008, the NDC does not publish annual reports and reports it serves issuers. 08D
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