OREANDA-NEWS. November 20, 2012.   National Settlement Depository (NSD), Russia's central securities depository, reports that its Supervisory Board at a meeting held 16 November approved new tariffs for repository services.

The meeting’s participants also approved revised Regulations governing the Customer Committee for Quality Control and Risk Management and elected Yuri Dubin, Director of Depository, Sberbank, as the Committee’s Chairman.

Mikhail Nedelsky, General Director, Status CJSC, was elected as Chairman of the Customer Committee for Registrar and Depository Relations.

The Supervisory Board set the number of members of the Customer Committee for Quality Control and Risk Management (nine persons) and the number of members of the Customer Committee for Registrar and Depository Relations (17). Voting on new members of the committees is held is in the form of voting for a list of candidates instead of individual voting.

Yuri Dubin and Mikhail Nedelsky were authorized to nominate new members of their respective committees in compliance with Regulations on the committees and to submit the lists of candidates to the Supervisory Board for approval.

The NSD Supervisory Board recommended that Moscow Exchange sell one NSD share to ZAO Citibank.

In considering corporate governance issues, the company’s Supervisory Board authorized the company’s managers to prepare and present a draft report on corporate governance within the company by 15 December 2012. The members of the Board also took into consideration steps taken in accordance with the corporate governance report approved by the Supervisory Board on 21 July 2012.