Slovakia shall have one unified central securities depository

(Created: 21.02.2020 13:45, Source: CDCP, NCDCP)

One unified central securities depository shall operate and provide its services in Slovakia. The two securities depositories currently operating in Slovakia, namely Centrálny depozitár cenných papierov SR, a.s. and Národný centrálny depozitár cenných papierov, a. s. declared their intention to take mutual steps towards unification of both depositories by signing a Memorandum of Understanding and Cooperation that was co-signed by their shareholders the Bratislava Stock Exchange and the Slovak Guarantee and Development Bank. The unified depository shall be compliant with all applicable requirements of the European legislation and international standards.

You can find the press release, which was released on February 21, 2020, in the New releases web section.