The international forum of Central Securities Depositories held in St. Petersburg, Russia.

On 31^st May 2013, 280 delegates of 12^th International Forum of Central Securities Depositories (CSD12), who represented 70 countries, summed up the results of the forum’s work.

The global forum of central securities depositories is held once every two years, each time in a different country, and represents a unique and prestigious opportunity for the exchange of experiences and discussion of new challenges and opportunities in the post-trading sector where CSDs play the key role. Among the delegates of the forum are representatives of regulators, central banks, providers of services, international banks and custodians as well as other professional stock market participants.

This was the first time the Association of Eurasian Central Securities Depositories (AECSD), an organization representing the central depositories of the CIS countries, had played host to this global conference. The CSD12 Steering Committee formed by AECSD more than three years ago included representatives of Russia, Belarus, Belgium, UK, Canada, Uzbekistan, South Africa and Japan.

Eddie Astanin, the chairman of AECSD, said:

 “I am happy to point out that the forum was successful. Its results confirm that we are on the right track. I mean our strategic goal to form a regional center of liquidity integrated in the global network of central securities depositories. This approach is supported by our foreign partners.”

Within the 12^th International Forum of Central Securities Depositories (CSD12), on 29^th of May 2013 the participants of the meeting of the World Forum of CSDs (WFC) approved the basic management principles of WFC, an informal union of five regional CSD associations.

More information about CSD12 and its agenda are available at http://www.csd12.net/.