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Mongolian Central Securities Depository (MCSD)

Postal address Sambuu Street 16/1, 4th khoroo, Chingeltei district Ulaanbaatar 15141, Mongolia
Tel. +(976) 7012 0460
Fax +(976) 7011 4424
E-mail info@mcsd.mn
Web-site https://www.schcd.mn/

Legal framework:

Foundation:

  • In 2003 Mongolian Securities Clearing House and Central Depository Co., Ltd was established.
  • In 2016 company was re-established as current entity of Mongolian Central Securities Depository Co.. Ltd (MCSD)

Legal:

  • Compay Law of Mongolia (October 6, 2011)
  • Securities Law of Mongolia (May 24, 2013)
  • Asset backed Securities Law of Mongolia (April 23, 2010)
  • Anti-Corruption Lw of Mongolia (July 8, 2006)
  • Mongolian Law on Combating Money Laundering and Terrorism Financing (May 31, 2013)

Management:

Lkhagva Shagdar – CEO of Mongolian Central Securities Depository

Education:

  • 2005 – Master degree in Business Administration, Mongolian Academy of Management
  • 1999 – Bachelor degree in Economics and Business, Yokohama National University
  • 1991 – Bachelor degree in Education, Mongolian National University of Training

Work experience:

  • May 2016 – present : CEO of MCSD
  • May 2013 – 2016 : Manager of Finance and Administration Department, MCSD
  • July 2000 – 2013 : Executive Director, Mongol Kaze Travel Co., Ltd
  • Aug 1995 – 2000 : Manager, New International Co., Ltd
  • July 1985 – 1995 : Instructor, Mongolian Pedagogical College

Ownership structure:

Mongolian Central Securities Depository (MCSD) is a for profit company with 100% shareholder of Ministry of Finance.

Main functions:

  • Securities depository
  • Ownerhip transfer
  • OTC transactions; clearing, settlement, transfer
  • Custodian services
  • Dividend, interest, principal processing
  • Provision of ISIN

International cooperation:

Member of:

  • Asia-Pacific Central Securities Depository Group (ACG)
  • Association of Eurasian Central Securities Depositories (AECSD)
  • Association of National Numbering Agencies (ANNA)

MoU with:

  • Korean Securities Depository (KSD)
  • National Settlement Depository (NSD)
  • Taiwan Depository & Clearing Corporation (TDCC)
  • Japan Securities Depository Center, Inc. (JASDEC)