FEAS Yearbook FEAS Yearbook 2009 | Page 148

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2009 CSDI CENTRAL SECURITIES DEPOSITORY OF IRAN Alireza Hajinorouzi CEO Objectives: The objectives for which the company is established are: 1– Opening and custody of funds/securities accounts related to stock exchange, over the counter market, commodity exchange belonging to brokers, shareholders and other financial institutions, real or legal persons. 2– Registration, encoding, custody, clearing and settlement of trade transactions on stock exchange, commodity exchange and other financial tools Our objective is to guarantee the security and efficiency of Iran’s stock market through developing and improving the settlement procedure of the securities trades via concentrating on increasing the efficiency and reducing the risk and costs. A– Registration and custody of shareholders’ names and records and give necessary services to the issuers of securities 13– Changing the method of settlement from the current semi mechanized system to a full mechanized, efficient system through using Real Time Gross Settlement (RTGS ) C– Holding general meetings for member companies and over the counter (OTC) market companies 14– Establishing and managing settlement guarantee funds, also accepting the role of CCP D– Receiving information about general meetings and informing their investors 15– Providing warehouses and managing their activities for better performance of commodity exchange services E– Receiving information about dividend, bonus share, right issues and deliver these information to the shareholders 4- Depositing Pledged securities for real and legal entities and release of the pledge on the beneficiaries demands 9– Settlement of funds, Clearing and Depositing of the foreign securities 6– Providing and performing latest essential information for shareholders and brokers 7– Applying suitable electronic systems on clearing and settlements 8– Handling corporate actions for joint stock companies including: 12– Cooperating with regional exchanges and related institutions B– Prepare and present necessary information to the listed companies and their shareholders 3– Depositing different kind of securities in company’s operating system 5– Borrowing, lending and exchange of securities as a mediator AFFILIATE MEMBER 16– and regulation – Performing other duties which have been or shall be assigned to the company by law 10– Presenting professional necessary services to stock exchanges, over the counter market, commodity exchange, the issuer of securities, brokers and other market participants 11– Providing necessary authorized financial activities also services, consulting and commercial activities in relation with stock exchange, commodity exchange and over the counter market * Please refer to page 126 for the Iran country report. CONTACT INFORMATION Contact Name Mr. Alireza Hajinorouzi E-mail [email protected], [email protected] Website www.csdiran.com Address 14, Azhari St., Hafez Ave., Tehran 1134844413 Phone +9821 667 49 180 Fax +9821 667 49 257 PAGE 146