Central Securities Depository Of IRAN

background

 

Introduction

The integrated portal for the Iranian capital market stakeholders (DDN) has been developed by Central Securities Depository of Iran to provide a range of electronic services for the Iranian capital market participants including investors, issuers, and market regulatory bodies, in a unique platform.

The platform effectively eliminates in-person referrals of those investors already registered in CIGS, CSDI’s e-KYC system, by providing them access to various information and operational services. 

Prior to this platform, CSDI services were only accessible through in-person referrals or correspondence; however, since 2019, with the advent of the DDN portal, CSDI's electronic services have become available for all Iranian market players. 

The platform offers services through three different sections of the Investors’ Electronic Portal (DARA), Issuers’ Electronic Portal (DANA), and Supervisors’ Electronic portal (NAZER) that each is introduced in the following.

 

Investors’ Electronic Portal (DARA)

Service Provider CSDI

Beneficiaries

  • Iranian Institutional Investors
  • Iranian Individual Investors
Participants 
  • Exchanges
  • Brokerage firms (In-Person or Virtual Identity Authentication of Clients)
Objectives
  • Protecting the inherent rights of investors in the bureaucratic system and providing them with accessible, swift, on-time services.
  • Providing services electronically in order to facilitate promote access, save time and expenses in line with electronic-government goals.
  • Reducing operational risks
Unveiling Date DDN Beta version was unveiled for public at 25th Iran International Electronic, Computer & E-Commerce Exhibition in 2019.

 

Specifications

  1. Providing electronic and virtual services
  2. Verified and accurate ID authentication
  3. On-time and efficient information dissemination
  4. Making all forms and instruction files available for investors
  5. Linkage to CSDI electronic service systems and platforms

Features

  1. Monitoring portfolio details: Assets Name/Ticker symbol, volume, price/value, percentage, supervising brokerage firm
  2. Monitoring trades report
  3. Monitoring details of general meetings and attending them electronically
  4. Receiving announcements for ticker symbols
  5. Reports on dividend distributions
  6. Monitoring IRENEX investors’ electricity assets including received power in KW/H, type of power, and cash dividen distribution among investors.
  7. Electronic service desk
  8. To Request information modification
  9. To follow up the process of asset transfer from deceased investors to their legal hairs
  10. To follow up cases of confiscating securities
  11. Inquiries of process and necessary documents of  collateralization or selling securities
  12. Obtain a sample Power of Attorney for collateralization or selling of securities 
  13. To follow up the process of  securities collateralization 
  14. To handle complaints, comments, and recommendations
  15. Portfolio Manager Portal
  • Make a contract
  • Make a contract amendment
  • Contract extension
  • Termination of contract
  • Renewal of portfolio management license

 

Issuers Electronic Portal (DANA)

Service Provider CSDI
Beneficiaries Issuing Companies 
Objectives
  • Providing issuing companies with accessible, swift, on-time services
  • Minimizing the traditional and paper-based processes and providing services electronically in order to facilitate promote access, save time and expenses in line with electronic-government goals.
  • Reducing operational risks
  • Reducing the need for in-person referrals to CSDI offices
Linkage to other platforms Linkage to IX platform to receive all reports 
Unveiling Date DDN Beta version was unveiled for public at 25th Iran International Electronic, Computer & E-Commerce Exhibition in 2019.

 

Features

1. Providing issuers with information on: 

  • Companies’ registration status
  • Companies’ trading records 

2. Daily reports to issuers (registry, trading records, transfers)

 

Supervisors’ Electronic Portal (NAZER)

Service Provider CSDI
Beneficiaries
  • Market Entities
  • Presidential Office
  • Ministries
  • Central Bank of Iran
  • Central Insurance of Iran
  • Iranian National Tax Administration - Legal entities department
  • Judicial and law enforcement entities like the Judiciary
  • Real Estate Registration Organization of Iran
Objectives Presenting comprehensive reports to supervisory bodies
Unveiling Date NAZER Beta version was unveiled for public at 25th Iran International Electronic, Computer & E-Commerce Exhibition in 2019.

 

Features

  1. Providing electronic and virtual services
  2. Reporting in shortest possible time 

 

 

 

Frequently Asked Questions

 

NEWS