The Central Securities Depository (DCU) has become a full member of the European Central Securities Depositories Association (ECSDA) - an international organization composed of the most important players in the securities transfer market.

According to Național Bank Governor Octavian Armașu, gaining membership in ECSDA is a sign of appreciation of BNM’s efforts in recent years and the results achieved in the field of securities settlement. The BNM is committed to developing a sound financial infrastructure that will support and stimulate investment. In previous years, the single Central Securities Depository has been established and its capacities were strengthened. "Thanks to these activities, any transfer of financial instruments within the country, be it government securities, shares or other instruments, is carried out safely," said Octavian Armașu.

Alexandru Savva, director of the DCU, said that he wants the DCU to become part of the international capital market in the coming years. This is an ambitious and complex goal, but a necessary one if the volume of foreign investment is to increase, said the DCU director. Being part of the ECSDA is an important step in this direction. "It will be an important signal to foreign investors that the Moldovan market is safe for investment," the director said.

ECSDA currently has 41 members. It is an arena for European depositories to exchange professional standards, know-how and best practices in the field of securities settlement.