National Depository of the Ukraine was established on December 18, 1998. The Securities and Stock Market State Commission and the National Bank of Ukraine signed an Agreement on Establishing the National Depository of Ukraine. NDU’s registration with the State took place on May 17, 1999.
National Depository of the Ukraine was established on December 18, 1998. The Securities and Stock Market State Commission and the National Bank of Ukraine signed an Agreement on Establishing the National Depository of Ukraine. NDU’s registration with the State took place on May 17, 1999.
As a CSD, NDU provides for the creation and operation of the securities depository record-keeping system; the CSD keeps depository records of all eligible securities, except for those that are kept by the National Bank of Ukraine within the terms of reference defined by the Law.
The CSD’s GTC define general procedure of rendering CSD services related to depository activity, executing transactions within the depository’s record-keeping system, and CSD oversight over depository institutions.