15 November 00:00
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About GCSD

Joint-Stock Company "Georgian Central Securities Depository" was founded on 11 November 1999 by "Georgian Stock Exchange" JSC. The company has the central role in the financial securities market and works with specialized members - Stock exchanges, Brokerage firms, Banks and Broad circle of professional investors.

"Georgian Central Securities Depository" got its license of the central depository #80001 on 1 of March 2000.


The main role of "Georgian Central Securities Depository" is to ensure safe and fast clearing on the settled financial securities, for what it:
  • Keeps and registers issues of the issuers;
  • Opens accounts and provides service to the owners of the financial securities or any other kinds of financial assets;
  • Creates operational rules and procedures, makes changes on them and supervises their fulfillment;
  • Implementing central clearing and electronic registering of the settlements made on the stock exchange and over the counter markets;
  • Creates rules for financial securities united accounting;
  • Provides special depository services for pension schemes founders;
  • According to the charter, GCSD supervises depository members and if it is necessary, due to breaking GCSD rules or procedures, sanctions GCSD members and/or members of the depository system.