FEAS | Federation of Euro-Asian Stock Exchanges

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World Exchange Congress 2010
22 March 2010 - 25 March 2010
Barcelona, Spain

The 5^th annual World Exchange Congress is designed to address and answer all of these questions as it brings together 250 CEO and industry leaders over 4 days and 27 panel discussions. Visit http://www.worldexchangecongress.com for more details.

http://www.worldexchangecongress.com

Takasbank (ISE Settlement and Custody Bank Inc.)

During the course of the year 2008, Takasbank continues to improve the operational and procedural infrastructure for facilitating a dynamic, reliable and well-established settlement and custody system for both local and international market participants. As such in previous years, Takasbanks main route in 2008 was to endeavor further to implement the internationally accepted standards and recommendations in order to reduce the causes of fragmentation and inefficiencies based in market practice/regulatory requirements, tax procedures and issues of legal certainty. In the framework of FEAS efforts, Takasbank shared its accumulated experience and knowledge about the clearing and settlement issues in Turkish capital markets with its peers in FEAS region. In this context, Takasbank and the Central Securities Depository of Iran (CSDI) signed a Memorandum of Understanding, which aims to establish a mutually beneficial relationship between two institutions, increase the competition and performance within the settlement transactions by exchanging information on local and international laws and regulations on the 26th of August 2008. On the other hand, Takasbank with the cooperation of the Central Registry Agency provided consulting services to the National Depository Center of Azerbaijan under the Islamic Development Bank grant project on capacity building of the State Committee for Securities of the Republic of Azerbaijan. Emin Catana CEO Takasbank

Takasbank page on FEAS Website »

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