History
The Closed Joint-Stock Company “Central Depository” of the Kyrgyz Republic is a specialized infrastructure institution of the securities market, ensuring centralized recording of securities rights and supporting depository operations.
On December 17, 1997, the Closed Joint-Stock Company “Central Depository” was established. The founders of the Company were 15 professional securities market participants of the Kyrgyz Republic, including brokerage companies and investment funds, the Kyrgyz Stock Exchange, commercial banks, as well as the Association of Independent Registrars and Depositories “Uyum”.
Throughout the development of the depository system of the Kyrgyz Republic, the Company’s activities have been carried out in accordance with the regulatory and legal framework governing the securities market and corporate relations.
The main legal and regulatory documents defining the activities of the Central Depository include:
the Law of the Kyrgyz Republic “On the Securities Market” dated July 24, 2009 No. 251 (as amended and supplemented);
the Law of the Kyrgyz Republic “On Joint-Stock Companies” dated March 27, 2003 No. 64 (as amended and supplemented);
the Regulation on Depository Activities, approved by Resolution of the Government of the Kyrgyz Republic dated June 24, 2011 No. 344 (as amended by Resolution dated August 26, 2014 No. 485).
An important milestone in the institutional development of the Company was obtaining a license to conduct depository activities in the securities market.
On May 15, 2014, the State Service for Regulation and Supervision of the Financial Market under the Government of the Kyrgyz Republic issued License No. 0146, confirming the Company’s right to conduct depository activities.
Throughout its operations, the Central Depository has consistently developed the securities market infrastructure of the Kyrgyz Republic, implemented modern securities accounting technologies, and ensured the reliability, transparency, and security of securities transactions.
Today, the Company continues to operate as a key infrastructure institution of the financial market, contributing to the development of the investment environment and improving the efficiency of the national depository system.