/ VDS Project / Architecture of the Financial Services Sector
Architecture of the Financial Services Sector
To develop strategy for banking competition and consolidation;
To complete demutualization of the NSE and the sharing of infrastructure between the CDSC and CBK-CSD;
To develop and implement a single Central Securities Depository
Impact
Strategy for competition and consolidation developed and
implemented;
Policy framework for insurance developed and approved;
Stronger Sacco sector;
An efficient and secure unified CSD handling all asset classes of securities;
New ownership structure of NSE. MoU between CDSC and CBK-CSD.
