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Ukraine should create independent depositary, USAID official says
Journal Staff Report

KIEV, July 6 – Ukraine should create one independent, privately owned depositary through the merger of the Interregional Stock Union and the All-Ukrainian Securities Depositary with the participation of the National Bank of Ukraine (NBU), a USAID official said.

"Most countries have one clearing depositary, which is mainly in the ownership of the private sector and which handles its operations there," Paul Richardson, the Trade Policy & Finance Regional Advisor at the U.S. Agency for International Development (USAID), said in comments released to Dzerkalo Tyzhnia weekly.




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