The WFC board has elected Mr. Yadil Medeu from KCSD Kazakhstan as the new WFC Chair. Additionally, they have elected Mr. Abdulla Abdin, the president of Bahrain Clear and AMEDA, as Vice Chair of the World Forum of Central Securities Depositories (WFC). In a historic move, the WFC Secretary is now a joint effort between…
Custody Companies (CDCs), Central Depository and Clearing Houses play a critical role in the smooth functioning of financial markets worldwide. They provide a range of services, from facilitating securities transactions to ensuring timely settlement and payment processes. However, the average investor may not fully understand the purpose and benefits of these institutions. This article aims…
The main and global event for CSDs, their participants and regulators. This year it will be held in Prague across three days between 24 and 26 of May. Below in the agenda section you will find details on the themes that will be explored. Registration for WFC2023 is open! Please click here for more information. If you…
Most Gulf stock markets closed higher on Tuesday as fears of a global banking meltdown eased, and expectations of a lower interest rate hike by the U.S. Federal Reserve raised investors’ sentiments. Markets are pricing in a 25 bps increase by the U.S. Federal Reserve which is starting a two-day meeting later in the day, down from…
Saudi National Bank says changes in the valuation of its investment in Credit Suisse have no impact on SNB’s growth plans and forward-looking 2023 guidance.
Mr. Melkumyan Arman, Head of Network Management at National Settlement Depository – NSD (CSD of Russia)Mr. Melkumyan Arman, Head of Network Management at National Settlement Depository – NSD (CSD of Russia) and Secretary General at Association of Eurasian CSDs – AECSD
