Azerbaijan, Baku, Nov. 4 / Trend /
Representatives of the National Depository Center (NDC) under the Azerbaijani State Securities Committee (SSC) took part in the Development of Securities Market" training in Seoul, South Korea on Oct.14-30, the NDC reported.
The training was prepared and conducted by the Korean International Cooperation Agency together with the Korean Depository of Securities. The training program covered the issues of development, structure and functions of the securities market of South Korea, as well as the legislation in this area. Each participant was issued a certificate after the training.
The NDC was established on Sep.18, 1997 by the Azerbaijani State Committee for Property Issues. After the establishment of the SSC shares of the NDC were transferred to its management. In this regard, the NDC was re-established by the SSC on Sept. 8, 1999 and registered by the government on Sept. 17, 1999.