BCSE is a Registration Agent of the National Settlement Depository for assignment and maintenance of LEIs

Belarusian Currency and Stock Exchange (BCSE) became the first company to enter into an agreement with the National Settlement Depository (NSD, Russia) on performing the Register Agent functions, and was licensed by the Global Center for Legal Entity Identification System (GLEIF).

From now on, Belarusian stock market participants will be able to apply for NSD's services for the assignment and maintenance of LEI (legal entity identification code) through a local Registration Agent. BCSE will collect and verify a package of clients' documents, provide them with information support and assistance in performing formal procedures, and submit reports to NSD.

The presence of LEIs and verified information about Belarusian companies in the global GLEIF database will increase the investment attractiveness of securities of issuers of the Republic of Belarus.

For NSD, this is the first experience of interacting with foreign clients when providing the services of the Local Operating Unit (LOU) using the Registration Agent resource.

The Registered Agent role is defined by GLEIF regulations. The Agent does not assign or maintain LEIs. Its task is to simplify the access to LOU services for market participants.

NSD is the first company in Russia and the CIS countries to receive the status of a Local Operating Unit.