Our Services
“East West Finance” CJSC offers its clients a full range of custody services, including international securities transactions (with the participation of foreign institutions, using the SWIFT network), reliable record-keeping of rights to securities of both foreign issuers in Kyrgyzstan and Kyrgyz issuers abroad and the possibility of placing securities in uncertificated form outside Kyrgyzstan.
Legal entities, residents and non-residents, can become clients of the “East West Finance” CJSC depository.
List of main services :
Storage and accounting of securities
“East West Finance” CJSC is an independent reliable depository, which provides high-quality, convenient accounting and safekeeping of securities, ensures the transfer of rights to the securities in which the assets of depositors are invested. It also performs all types of securities settlements, collateral operations and corporate actions. “East West Finance” CJSC is actively working to increase the range of services and access to foreign markets.
- Accounting and storage of all types of securities, including shares, bonds, investment units, international financial instruments
- Confirmation of ownership of securities
- Accounting and certification of the transfer of rights to securities, including cases of encumbrance of securities
- Registration as a nominee holder of customers’ securities in the register of registered securities holders, in the register of unit investment funds or in the superior depository
- Daily reconciliation of securities balances with custody locations where the depositary has opened nominee accounts
- Ensuring proper storage of certificates of securities (including mortgages) and depositary records
Conducting depository operations
“East West Finance” CJSC is an independent reliable depository, which provides high-quality, convenient accounting and custody of securities, ensures the efficiency of all custody operations.
- Opening and maintenance of custody accounts
- Depo account management through the account operator
- Settlement of securities based on the results of trading on the stock exchange
- Re-registration of ownership of securities, including the control of certain conditions in transactions
- Encumbrance and cancellation of encumbrance of securities
Servicing of foreign securities
“East West Finance” CJSC is a leading infrastructural institute of the collective investment market. “East West Finance” CJSC is ready to build, upon clients’ request, all the necessary infrastructure for the acquisition of foreign securities by the participants in the countries of interest to the client. At the same time “East West Finance” CJSC can carry out a preliminary analysis of the possibility of conducting operations with foreign financial instruments, including the analysis of the legislation of the country.
Depositary services for foreign securities.
- Storage and accounting
- Assistance in qualifying foreign financial instruments as securities
- Corporate action
- Advisory support on the circulation and accounting of rights to securities
- Provision of other services related to custody account maintenance and assistance in exercising rights to securities
- Providing access to international securities markets
- Assistance in the acquisition of foreign securities in various jurisdictions
Advantages of buying and keeping securities at “East West Finance” CJSC.
- Confidentiality in custody of securities in the depository
- No need to open accounts at accounting institutions and study the peculiarities of the accounting systems of the countries of interest
- Ability to keep an entire portfolio of securities (both Kyrgyz and foreign) in one custodian
- Optimal tariff offer
Services for issuers
- Opening and maintenance of accounts in securities of issuers
- Opening and maintenance of a securities account for the issuer to account for repurchased immovable securities of its own issue
- Opening a securities account and carrying out accounting operations for issuers at the stage of creation
- Reflection of operations of redemption of own securities by the issuer
- Accrual and payment of income on securities issued by the issuer
- Service of an exchange placement of securities on the trade organizer
Support for corporate actions
Corporate actions support service includes provision of all necessary information on corporate actions of issuers to enable exercise of rights, as well as representation at meetings of security holders using the electronic voting system.
- Informing depositors about corporate actions of issuers
- General meetings of issuers with the provision of materials for the meeting and decisions made by the general meeting
- The amount and timing of income payment on securities
- Conversion of securities, including consolidation and split, exchange and redemption of securities, accrual of additional securities and subscription to securities of new issue, redemption and cancellation of securities
- Reorganization and liquidation of issuers
- Providing depositors with information on issuers and securities under servicing, including foreign securities
- Submitting requests to the superior securities depository on behalf of depositors holding the required percentage of voting shares in order to obtain data from the register on the full names of holders, the number, category (type) and nominal value of securities held by them
- Mandatory corporate actions of issuers: consolidation, merger of issues of equity securities, conversion, redemption (cancellation) of securities, splitting
- Providing depositors with information about registrars and advice on executing transactions with securities in shareholders’ registers
Information service
Providing clients with information and reports on conducted transactions for the day, statements on the status of the depositor’s account, sending requests to higher custody locations, as well as information support for corporate actions.
- Providing clients with information and reports on conducted transactions for the day, statements on the status of the depositor’s account, sending requests to higher custody locations, as well as information support for corporate actions
- Prompt provision of reports on depo account transactions, depo account statements at the request of depositors
- Sending requests to higher custody locations on behalf of depositors to obtain reports, extracts
- Information support for corporate actions
Global storage
Global custody in “East West Finance” CJSC is a centralized custody of securities in “East West Finance” CJSC depository, the place of current custody of which are different registers. For businesses, this way of storing securities is an attractive alternative to dispersed storage of assets with different registrars. Transferring all assets to one independent and reliable depository for safekeeping will ensure confidentiality and structure information on the entire pool of securities in possession through unified management reporting, as well as significantly reduce the costs of securities transactions within one depository in accordance with the depository tariffs.