Edict of the President of the Republic of Belarus No. 366 dated
July 20, 1998 “On Improvement of the Governmental Equity Market
Regulation System” has established the two-level depository system,
within which the Republican Central Securities Depository, Republican
Unitary Enterprise (hereinafter RUE RCDCB) acts as a central depository
for corporate securities, and the Central Depository of the National
Bank of the Republic of Belarus acts as a central depository for
the Government securities and securities of the National Bank.
As of January 1, 2006, 631.5 billion shares of 1 816 public joint
stock companies and of 1 037 closed joint stock companies; as well
as 113 350 bonds of three issuers were kept in custody of RUE RCDCB.
The total number of issues of securities transferred for centralized
custody made 3 879 (including 2 603 issues effected by public joint
stock companies, and 1 277 issues effected by closed joint stock
companies).
Activities of RUE RCDCB enables to carry out and control all inter-depository
transactions, obtain daily edited information on the balance of
correspondent accounts of all regional depositories in the country,
control the amounts of issues and actual number of securities put
to free circulation. RUE RCDCB ensures reliable operation of the
entire depository system, maintaining and prompt update of reference-books
containing information on securities issues, issuers, depositories,
etc.
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