On April 9 of the current year, a practical training session was held at the Central Securities Depository in cooperation with the Central Bank of the Republic of Uzbekistan, bringing together young professionals and Central Bank scholarship recipients.
The main objective of the event was to provide participants with a clear understanding of processes carried out at the depository stage of the securities market by combining theoretical knowledge with hands-on simulation experience.
During the theoretical part, participants were introduced to the activities of the Central Securities Depository, its role in the national financial system, and key priorities in the development of the securities market. In particular, detailed information was provided on ongoing efforts to deliver reliable and high-quality depository and post-trading services in line with capital market requirements and international standards.
The session also highlighted the Depository’s development strategy and transformation process, including the establishment of a unified accounting infrastructure, the development of a single platform for post-trading services, the creation of a modern depository system, and the introduction of new services aimed at improving market infrastructure.
During the practical phase, participants engaged with processes specific to the depository segment of the securities market infrastructure. In a simulated environment, they worked through key procedures such as entering issuance data into the system, maintaining issuer and depository accounts, and recording ownership rights to securities.
In addition, participants were introduced to post-trading operations, including settlement of securities transactions, recording transfers between depository accounts, and generating data on securities movements.
This approach enabled participants to better understand the importance of the systems underlying trading, particularly those related to accounting, safekeeping, and the recording of ownership rights.
The Central Bank will establish such training sessions on a regular basis, creating opportunities for young professionals to gain a deeper understanding of market infrastructure.
