New ISSA Member – Kazakhstan Central Securities Depository (KCSD)

The Kazakhstan Central Securities Depository (KCSD), established in 1997, serves as a pivotal post-trade market infrastructure within Kazakhstan’s securities market. As the sole registry and central depository for securities, KCSD handles the settlement of all on-exchange and over-the-counter transactions. It facilitates foreign investors’ access to the domestic securities market and enables local participants to engage with international securities settlement systems. KCSD provides a comprehensive suite of services including depository, registrar, and information services, as well as the maintenance of bank accounts, foreign currency exchange, and paying agent services. Moreover, KCSD is the designated depository for the National Bank of Kazakhstan, the Ministry of Finance of Kazakhstan, and the local executive governments of the Republic of Kazakhstan.