CSDI Future Plans
• To hold the Annual General Meeting (AGM) of shareholders electronically at CSDI in 2019
• To implement Investment Funds Registration Project based on the issuance and redemption of fund units as well as registration of unit-holders.
• To issue new shareholding accounts for nearly 36 million Iranians in the framework of "justice share" scheme
• To launch Iran Mercantile Exchange Integrated Settlement System
• To launch a streamlined Dividend Distribution System (DDS) incompatible with CSDI's Comprehensive Information Gathering System (CIGS)
• To run the new version of NetClear system
• To test-launch a new post-trade system dubbed IRPT
• To launch a new settlement method also known as DvP3
• To hopefully see the parliament giving approval on "CSDI as a primary custodian" in the Iranian capital market
Click here to read Case Study about DARA: E-services for Investors.
Federation of Euro-Asian Stock Exchanges
Central Securities Depository of Iran
Participants
Brokers, Banks, Funds including Capital Market Development Fund, Capital Market Stabilization Fund, and Market makers.
Services Provided
Registry and Depository of securities, Clearing & Settlement, e-KYC, Risk Management (Credit Limit, Settlement Guarantee Fund, etc.), Corporate Action (Dividend Distribution, Pledging, Legal transfer, Right Issuance, Capital Increase), Post-trade services for commodity exchanges (IRENEX and IME), Data Reporting (to different national and international organizations and beneficiaries), Legal Advisement, Value added services (e-Services to investors, issuers, brokers, government services offices).
Instruments for deposit/Settlement
Stock, Preemptive Right, Fixed Income Funds, Hybrid ETF Fund, Construction Funds, ETF/Mutual Fund, ETF Stock, VC Funds, Sukuk, Future, Option, Embedded Option, T-bill, Equity, ETF/Mutual Fund, Energy Project Fund, Debt Securities, Housing Preemptive Right, Index, Electricity and oil contract (for commodity Exchanges), Mortgage-backed security, Depository Receipt, Commodity Certificate of Deposit, Gold coin Certificate of Deposit, Certificate of Deposit (CD), Intellectual properties, Salam.
International Cooperation
• CSDI Chief is Board Member of Word Forum of CSDs (WFC)
• CSDI Chief is Vice-Chairman of Asia Pacific CSD Group (ACG)
• CSDI is an Executive Board member of FEAS
• CSDI has held several joint workshops with KSD, MCD, KPEI, and KSEI
• CSDI has MoUs with:
o Takasbank of Turkey
o Central Registry Agency (CRA) of Turkey
o Central Depository Company of Pakistan Limited (CDCPL)
o PT Kliring Penjaminan Efek Indonesia (KPEI)
o PT Kustodian Sentral Efek Indonesia (KSEI)
o Korea Securities Depository (KSD)
o Muscat Clearing and Depository (MCD)
o National Clearing Company of Pakistan Limited (NCCPL)
o China Securities Depository and Clearing Corporation Limited (CSDC)
o National Securities Depository Limited (NSDL)
o Hellenic Central Securities Depository (ATHEXCSD)
o Taiwan Depository & Clearing Corporation (TDCC)
o Japan Securities Depository Center, Inc (JASDEC)
o Swiss Iranian Investment Forum (SIIF)
oNational Settlement Depository of Russia (NSD)
Facts
84
Federation of Euro–Asian Stock Exchanges (FEAS) voted for CSDI to maintain executive board seat.
Asia-Pacific CSD Group (ACG) elected and endorsed the CSDI chief for vice-chair.