In accordance with the resolutions by the Mongolian Securities Clearing House and Central Depository (MSCH&CD) #10-11 dated 16 February 2015 the “Provisional regulation to complete the securities settlement under T+1 period” and the “Provisional agreement to complete the securities cash settlement” were amended. The MSCH&CD additionally reflects the suggestions proposed by settlement banks in both documents.
The Financial Regulatory Commission of Mongolia (FRC) is obligated to renew the “Provisional agreement to complete the securities cash settlement” between the settlement banks, brokerage and dealers companies, and MSCH&CD and to launch T+1 trading mode at the beginning of March 2015.
Contact:
Ekaterina Konovalova
Relationship Manager, Global Securities Services Russia
Tel. +7 495 258-7258, ext.3453
Ekaterina.Konovalova@unicredit.ru