Closed Joint-stock Company “Depository Clearing Company”

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Foundation date                               29 October 1993

1. DCC was established in 1993 (Certificate of Registration No. 623.296 of October 29, 1993 issued by the Moscow Registration Chamber).
2. FSFM licenses of professional participant of securities market to engage in:
   - depository activities No. 177-06236-000100 of 09 October 2002;
   - clearing activities No. 177-06229-000010 of 07 October 2002.
   Issued by the FSFM of Russian Federation.

Mikhail Laufer
President

In 1991, he graduated from the State Financial Academy, specialist in 'Finance and Credit'. In 1996 he got a post-graduate degree at the Russian Distance-Learning Finance & Economics Institute. PhD in Economics. In 2000-2002, he was the head of NP National Depository Center, then worked as the Deputy Director General of ZAO MICEX. In 2004, he became the First Deputy Director General of ZAO United Depository Company. Later that year he became the head of the ZAO United Depository Company. From the beginning of 2006, Mikhail Laufer worked as the Deputy Head of the Directorate for Regulations of Activities of Professional Participants of the Federal Service for Financial Markets (FSFM) of Russia.

On 05 October 2006, he was elected President of Depository Clearing Company.

• OAO Russian Trading System Stock Exchange – 97.7567%;
• ZAO AKIB Zerich – 2.2413%;
• ZAO Capital Regent Securities – 0.0010%;
• AOZT Navigator Capital – 0.0010%.

DCC is Russia’s leading settlement and clearing center (depository) for corporate securities and the settlement depository and authorized holder for all major trading platforms in Russia (RTS, MICEX).

DCC’s main activities include:

• Registration and safekeeping of securities;
• Clearing and settlement of trades in the securities market;
• Provision of reliable information on corporate events and assistance in corporate actions.

The primary object of safekeeping at DCC is corporate shares and bonds. Since 2003 the Company has serviced units of unit investment funds, since 2006 – Eurobonds, ADRs and GDRs.

DCC Participants include over 400 institutions Over 350 of them are professional securities market participants.

Being the settlement depository of RTS, DCC provides its Participants with a full range of services relating to safekeeping and trades settlement in respect of securities quoted on RTS. DCC broadens the range of services provided to Participants by settling trades concluded on MICEX.

Electronic access to DCC system ensures independence of the Company from the location of its clients. Thus, any investor can gain access to all DCC services at a high quality level.

  2010
  2009
  2008
  2007
  2006
  2005

• 2002 – DCC joins the International Securities Services Association (ISSA).
• 2003 – DCC joins Central and Eastern European Central Securities Depositories and Clearing Houses Association (CEECSDA).
• 2004 – The Eurasian Central Securities Depositaries Association (ECSDA) is established with the organizational support of DCC.
• 2007 – DCC starts cooperation with the Central Securities Depository of the Republic of Kazakhstan. The level of automation of operations increases, also due to usage of SWIFT international standards.
• 2009 – DCC opens an account with Republican Unitary Entity Republican Central Securities Depository of the Republic of Belarus (RUE RCSD).
• 2010 – DCC opens a direct account with Euroclear Bank and an account with the National Depository of Ukraine.

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