OREANDA-NEWS. February 24, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that its Supervisory Board at the meeting held 21 February considered information related to the company's current activities and approved a list of the company's priority programs for 2011. The list includes the following projects:

Automatic financing for completion of settlements through the Bank of Russia's RTGS system (BESP system) 
Servicing of REPO transactions with securities basket
Complex information system
Modification of DVP operations procedure
Transfer of securities on terms of Delivery Versus Delivery with Optional Cash Settlement
Securities lending
Provision of electronic interactions between NSD's customers and registrars
Pre-matching center
Development and implementation of the new automated electronic cash settlement system
DVP settlements in rubles via Clearstream Banking S.A./ Euroclear Bank

NSD's Supervisory Board has considered an issue of the company's corporate governance and authorized the company's managers to submit a report on NSD's corporate governance level. The evaluation of the company's corporate governance is being held by the Supervisory Board in compliance with a recommendation issued by the Bank of Russia.