02007cas a2200265 a 4500 AALejournalIMF019054 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484397312 2522-7912 BD-DhAAL BD-DhAAL Wendt, Froukelien. How to Organize Central Securities Depositories in Developing Markets : Key Considerations / Froukelien Wendt, Peter Katz, Alice Zanza. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (27 pages) IMF How To Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The key objective of this note is to support authorities in their decision making about the optimal organization of central securities depositories (CSDs) in their country. For the purpose of this note, a CSD is defined as an entity that provides securities accounts, a securities settlement system, and central safekeeping services to market participants, which can be banks and other financial institutions. Authorities in developing markets, in particular central banks, may grapple with two questions: (1) whether to pursue a single CSD to increase market efficiencies and benefit from economies of scale and scope and (2) whether to partake in the governance of the CSD as owner or operator. This note presents seven considerations for authorities to take into account when answering these questions and determining the best model for their country. Mode of access: Internet Katz, Peter. Zanza, Alice. IMF How To Notes; How-To Note ; No. 2019/001 Full text available on IMF http://elibrary.imf.org/view/journals/061/2019/001/061.2019.issue-001-en.xml IMF e-Library