Making Russia More Attractive To Investors
Depository Reforms Corporate Actions Processes
Sanctions notwithstanding, Russia is trying to position Moscow as a major financial center. And the country's biggest settlements depositary is poised to modernize obsolete corporate actions infrastructure, reduce risk and make Russia more attractive to both foreign and domestic investors.
Deputy chairwoman of the National Settlement Depository (NSD) Maria Krasnova says the settlement of securities in Russia has been automated and efficient for years. Corporate actions processing, however, is
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