CDS Signs MoU with KSD - 27th November 2018

CDS signed a MoU with Korea Securities Depository (KSD) on the sidelines of the 22nd Annual General Meeting of the Asia‐Pacific Central Securities Depository Group (ACG) hosted in Colombo on 27th November 2018.

The MoU aims to strengthen the relationship between the depositories and will pave the way for cooperation focused on knowledge sharing and mutual development.

KSD and CDS Sri Lanka intend to establish new operational linkages while maintaining a specific focus on the development of new service areas. The move will also pave the way for capacity building for both depositories, where a number of cross training opportunities for the staff are expected to be facilitated in the near future.