The World Forum of Central Securities Depositories has ratified its Terms of Reference at their meeting in Dubai. This document aims at charting the way forward for regional cooperation in the CSD industry.
According to the Terms of Reference, the objective of the WFC is to provide a forum for the five regional CSD associations to exchange information, discuss issues of common interest and increase their influence and engagement on cross-regional and global developments, as well as providing a common voice on issues relevant to the various associations and their members.
At its meeting in Dubai, the WFC Board also confirmed that its next conference of the World’s Central Securities Depositories (WFC 2015) will be held in Cancun, Mexico from 19 – 22 May, 2015. Indeval, the national depository of Mexico in conjunction with ACSDA, will host this, the 13th edition of this biennial event.