1. ACSDA 2019 General Assembly
Annual Report on activities and achievements

2. ACSDA – IDB Regional Public Goods Initiative
Work on this initiative began back in January 2015
Months of effort culminated in the submission of ACSDA’s Proposal on April 7th, 2016: “Strengthening Compliance on a Regional Basis with the Global Principles for Financial Market Infrastructures”.
On July 20, 2016, ACSDA was advised by the IDB that its project was approved under the Regional Public Goods (RPG Initiative) and awarded our project USD 306,
In March 2016 Grupo de Consultores Interamericanos (GCI) were awarded with the contract for the project. GCI was composed of Cecilia Humphrey, Vicente Lazen, Monique Moura, Mary Ann Callahan, and Loretta Stack.
May 22 – 24, 2017 the project Workshop was held for the project participants in Panama City and was attended by more than 50 delegates.
The project ran until November 2018 and met the objectives set out in our proposal to and agreement with the IDB.
ACSDA Secretariat had responsibility for project management and coordination, organization of the Project Steering Committee, project reporting and liaison between ACSDA, the project participants and the IDB.

3. Participating Members
Participating ACSDA Members (16 members from 15 Markets)
* Benefiting CSDs
Argentina – Caja de Valores S.A.
Barbados* – Barbados Stock Exchange
Bolivia* – Entidad de Depósito de Valores de Bolivia S.A.
Brazil – Balcão Organizado de Ativos e Derivativos
Colombia* – Depósito Centralizado de Valores de Colombia Deceval S.A.
Costa Rica* – Interclear Central De Valores S.A.
Chile - Depósito Central de Valores S.A.
Dominican Republic* – Depósito Centralizado de Valores, S. A.
El Salvador* – Central de Depósito de Valores S.A.
Guatemala* – Central de Valores Nacional S.A.
Jamaica* – Jamaica Central Securities Depository
Mexico – S.D. Indeval, Institución para el Depósito de Valores S.A. de C.V.
Panama* – Central Latinoamericana de Valores, S.A.
Paraguay* – Bolsa de Valores y Productos de Asunción S.A.
Peru* – Cavali S.A. I.C.L.V.
Uruguay* – Banco Central del Uruguay, Bolsa de Valores de Montevideo
Also Participating
* Bermuda – Bermuda Stock Exchange

4. ACSDA – IDB Regional Public Goods Initiative
This undertaking was by far the most ambitious in ACSDA’s 20 year history.
I wish to acknowledge the contribution of the following …
Jorge Jaramillo, whose vision and effort in promoting the potential of this project were instrumental in ACSDA obtaining IDB support.
The IDB, under the Regional Public Goods (RPG Initiative) for awarding our project USD 306, in matching contribution funding and working in partnership with ACSDA to complete the project.
Grupo de Consultores Interamericanos (GCI) Cecilia Humphrey, Vicente Lazen, Monique Moura, Mary Ann Callahan, and Loretta Stack for their hard work and professionalism throughout the project. GCI went well beyond what was contractly required of them for the project.
The project participants who gave of their time to serve as members of the Project Steering Committee.
Each of the participating member organizations, particularly those who gave of their time and expertise to help other CSDs in the process of completing their self-assessments.
Viviana Beltran for all her hard work in support of the administration and communication related to the project

5. ACSDA – IDB Regional Public Goods Initiative
The final project activity is the “audit” of the project results in relation to the Project objectives. In that context, each participating organization will be contacted by the IDB appointed auditor(s) to review the results on a CSD by CSD basis.

6. Education Cyber Security Workshop Held in Downtown Miami (Hyatt Hotel)
Two-day event November 29th and 30th, 2018
54 delegates making this our largest non-General Assembly event in more than a decade. Only half of ACSDA member CSDs participated
Expert speakers from member CSDs and a wide variety of supporting organizations in including: SWIFT, EY, Central Bank of Mexico, Nasdaq, Euroclear, Depository of India
An online survey of delegates was conducted following the Workshop

7. Workshop Feedback

8. Workshop Feedback

9. Workshop Feedback

10. Workshop Feedback

11. Communications
Inform about ACSDA related topics, strenghtening relations and communications with stakeholders, improving understanding and transparency in all our communications, internal and external
Objective  
Website
Linkedln
External Entities
CHANNELS
ACSDA appeared in the 6th and 7th WFC newsletter during 2019
First Newsletter: July
Effectiveness: 98%
-DB: s through web form
Data updated for ACSDA event participants
6 ACSDA newsletters during 2018 / 2019
Started in November 2017: 40 Followers
Status in March 2019: 104 Followers, approx. 45 visits / month
Website overall visits: 4.656
Newsletter section visits: 122
# visits since (# % up since Feb 2018)

13. World Forum of CSDs (WFC)
The WFC is composed of the five regional CSD associations, which together represent approximately 125 member CSDs:
Asia - Pacific CSD Group (ACG)
Americas’ Central Securities Depositories Association (ACSDA)
Association of Eurasian Central Securities Depositories (AECSD)
Africa & Middle East Depositories Association (AMEDA)
European Central Securities Depositories Association (ECSDA)
ACSDA continues with WFC Board membership and active in WFC initiatives.

14. WFC Fact Book
An initiative of the five regional CSD Associations under the umbrella of the WFC
ACSDA has been actively involved in the Working Group charged with the Fact Book Development
ACSDA is hosting the Fact Book platform using Plotwebs (our website managers)
Objective: The objective of World CSD Fact Book is to gather and present consolidated information/standardized data on the CSD industry Worldwide. This information will provide a useful perspective and basis of comparison for individual markets and CSDs.
Target Audience
Principle Audience - the CSDs for both raw and consolidated data including their staff, Board and Committee members.
Secondary Audience - Regulators and Regulatory Bodies, Governments, Stock Exchanges and other Stakeholders such as Custodians, Investment Funds, Institutional investors, Industry Associations etc.
Other Audiences - Students, Academic Institutions, Consultants

15. WFC Fact Book CSD Fact Book Content Organization Ownership
Profit aim
Annual Revenue
Banking license
Number of employees
Services provided and developments/initiatives
Links with other CSDs
Market structure
Settlement Model and Settlement Cycle
Account Structure and form of custody
Number and type of Participants
Eligible issues by instrument type
Statistics
Value on deposit by instrument type
Number of transactions
Number of Accounts

16. Central de Depósito de Valores S.A. – El Salvador

17. WFC Fact Book
ACSDA members who have completed the Fact Book as of March 16
16 of 30 members
Depósito Central de Valores S.A. (DCV) Chile
TMX Group - CDS Canada
CAJA DE VALORES S.A. (CVSA) Argentina
S.D Indeval, Institución para el Depósito de Valores S.A de C.V Mexico
B3 - Central Securities Depository Brazil
Barbados Central Securities Depository Inc Barbados
Banco Central del Uruguay Uruguay
Central de Depósito de Valores, S.A. de C.V El Salvador
Bolsa de Valores & Productos de Asuncion S.A Paraguay
Bahamas Central Securities Depository Bahamas
Entidad de Deposito de Valores de Bolivia S.A. (EDV S.A.) Bolivia
Strate (Pty) Ltd South Africa
Central Latinoamericana de Valores, S.A. (Latin Clear) Panama
JamClear CSD Jamaica
Banco Central del Ecuador Ecuador
InterClear Central de Valores Costa Rica

18. World Forum of CSDs (WFC)
Other WFC initiatives
ACSDA continues with active WFC Board membership
Co-chair of the Single Disclosure Framework
E-learning platform - lead by representatives from the Russian CSD (CSD) and using a platform originally created by Strate, the on-line platform for the delivery of CSD related training is available to all WFC members
Management of the host site for the Single Disclosure Framework and Fact Book
WFC 2019 Conference Steering Committee

19. WFC Marrakech
April 8th – 12th in Marrakech, Morocco
Four days beginning with a meeting of the WFC Board
ACSDA representatives are participating in a number of panels

20. We continue to strive for this level of SUCCESS
The real measure of success for ACSDA as an Association is the active engagement of all its members
We continue to strive for this level of SUCCESS