NSD Becomes Candidate LOU
April 14, 2017

National Settlement Depository (NSD), Russia's central securities depository, reports that it has signed a Master Agreement with the Global Legal Entity Identifier Foundation (GLEIF) and become a Candidate for Local Operating Unit (Candidate LOU) status. Appropriate information has been placed on GLEIF's official website, it adds.

The NSD is the first company in Russia and the CIS with this status, and while 23 organizations worldwide have applied for LOU status only six have already been accredited.

The accreditation process consists of several consecutive stages. Continuing to act as a pre-LOU authorized to assign LEIs by the Legal Entity Identifier Regulatory Oversight Committee (LEI ROC), the NSD now proceeds to the final phase.

The NSD notes that it has functioned as a pre-LOU since 2013 and in 2016 assigned 136 new LEIs.





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National Settlement Depository (NSD), Russia's central securities depository, reports that it has signed a Master Agreement with the Global Legal Entity Identifier Foundation (GLEIF) and become a Candidate for Local Operating Unit (Candidate LOU) status. Appropriate information has been placed on GLEIF's official website, it adds.

The NSD is the first company in Russia and the CIS with this status, and while 23 organizations worldwide have applied for LOU status only six have already been accredited.

The accreditation process consists of several consecutive stages. Continuing to act as a pre-LOU authorized to assign LEIs by the Legal Entity Identifier Regulatory Oversight Committee (LEI ROC), the NSD now proceeds to the final phase.

The NSD notes that it has functioned as a pre-LOU since 2013 and in 2016 assigned 136 new LEIs.



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