OREANDA-NEWS. December 12, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and DCC held a joint meeting of their user committees.

The participants of the meeting considered information about an approach to formation of the product range and tariff model of the integrated depository. After the meeting NSD's and DCC's user committees issued a number of recommendations to NSD and DCC, including the following:
To determine a range, priorities and terms of implementation of the integrated depository's products and to submit the prepared information to the committees for consideration;
To select approaches to formation of regimes of use of Long Term Safekeeping (LTS) and to suggest a final version of LTS tariff model developed on basis of the approaches.

In the course of the discussion the meeting participants mentioned DCC's most popular services such as DVP operations denominated in foreign currencies, and services rendered to close joint stock companies and issuers who maintain their registers independently.