Central Securities Depository Of IRAN

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To Our Dear Visitors,

 

In these uncertain times, I wanted to reach out to share that you, your family, friends, and colleagues are in our thoughts. Our first priority is the health and safety of our staff, stakeholders, and visitors.

We’ve done the important basics to help stop the spread of the Coronavirus while we continue work.

Central Securities Depository of Iran is closely monitoring the global Coronavirus (COVID-19) pandemic and we are following the advice from the relevant government’s authorities, including the Iranian Health Ministry’s Department of Health and the World Health Organization (WHO).

To date, we have announced a range of measures, including, among others:

●       Restrictions on travel; 

●       Suspension of events and gatherings;

●       Implementation of social distancing policy for both visitors and staff; 

●       Facilitation of remote working; 

●       Introducing a ban on the staff with suspected symptoms to enter the headquarters.

 

We will be maintaining all essential precautions, unless otherwise directed by the government or via the Department of Health.

However, we never suspended or stopped work. More and more entities are joining in to use CSDI's domestically designed and made e-KYC system – Comprehensive Information Gathering System aka CIGS – including well-known banks and financial institutions.

In the meanwhile, the Tehran Stock Exchange and the Iran Farabourse Exchange have been hitting repetitive high records of trades with regard to both number and value causing a magnetic attraction of potential individual investors' attention to the market. Most importantly, the mega project of "Justice Shares" that is offering the shares of the state-owned entities and companies to 49 million Iranians got released and people have been capable of trading their shares on the exchanges. As a result of these two incidents, CSDI has witnessed a sharp increase in its work load concerning trading accounts generation, KYC, clearing and settlement taken care by our hardworking, committed, and capable colleagues at CSDI. 

While life never stops moving forward, we have to stay focused and never slow down because of hard times.

In these times of uncertainty, we call on all members of our community to help move as such, encourage and look out for one another not forgetting the most vulnerable. We also call on all of those of faith to continue praying for our world. We will not be suspending prayer either.

Yours faithfully,

 

Hossein Fahimi

CEO & Board Member