Globally Minded

Effective. Efficient. Expeditious.

The Somali Depository & Settlement Corporation (SDSC) is a limited liability Company approved by the Central Bank of Somalia to provide both manual and automated clearing, delivery and settlement facilities in respect of transactions carried out at Somali Stock Exchange as well as holding of listed and non-listed securities including other documents of title on behalf of investors.

The day to day responsibilities  of the SDSC is to establish and operate a central depository system and provide central clearing, settlement and depository services for securities initially in Somalia in respect to securities listed on the Somali Stock Exchange. The central depository system provides a centralised system for the transfer and registration of securities in electronic format without the necessity of physical certificates.