OREANDA-NEWS. April 08, 2010. ZAO Depository Clearing Company (DCC) informs on conclusion of agreements to establish Electronic Data Interchange between DCC and Registrars for unit-holders of unit investment funds: OAO Moscow Central Depository, OOO Deporitary and Corporate Technologies and ZAO FINAM Investment Company.

Establishment of EDI between DCC and Registrars of unit-holders is provided by the requirements of regulations of FFMS (Item 1.4.1 of the Regulation on the procedure for maintenance of unit-holders' registers, approved by FFMS Order No.08-17/pz-n of April 15, 2008).

The said requirements introduced by FFMS Order No.09/61pz-n of 24.12.2009 On Amendments to FFMS Order No.08pz-n of April 15, 2008 On Keeping Ownership Records of Units of Unit Investment Funds came into effect on March 30, 2010.

Currently, DCC has Electronic Data Interchange with the following Registrars maintaining records of unit-holders:1  Joint-Stock Commercial Bank ROSBANK (OAO)
2  ZAO Vash Registrator
3  ZAO FINAM Investment Company
4  ZAO IRCOL
5  ZAO National Registry Company
6  ZAO First Specialized Depository
7  OOO Ircol Dopository
8  OOO Deporitary and Corporate Technologies
9  OOO Interregional Specialized Depository
10  OOO North-West Financial Company
11  OOO Specialized Depository Company Garant
12  OOO Central Depositary for Funds
13  OAO Infinitum Specialized Depository
14  OAO Moscow Central Depository


DCC discusses establishment of the EDI system with OAO VTB Bank, OAO NIKoil Registrar that maintain unit-holders' registers and have nominee holder accounts of DCC with their registers. DCC negotiates a possibility of EDI implementation with all the Registrars operating within this market segment.

Please note that a procedure for transfer of units to a nominee holder account with DCC from different nominee holder accounts without a necessity to establish EDI with a Registrar has been worked out with a number of Registrars.

Please address your company's manager at DCC for any inquiries relating to this notification.