1. Latest projects of each organization 18 th ACG Cross Training Seminar in Ho Chi Minh City, Vietnam The Exchange of Information Task Force Session Japan Securities Depository Center, Inc. (JASDEC) 24 May, 2016

2. 1 ◆ 17 markets ◆ 26 organizations (ACG 24, non-ACG 2) ◆ 69 projects The Highest number of projects by markets : 10 projects from India The Highest number of projects by organizations: 6 projects from VSD The Most popular projects: 5 projects for e-voting 5 projects for new systems New Key words Distributed Ledger Technology Crowdfunding Free trade zone e-Will Summary of the latest projects

3. 2 Classification of 69 projects 1Response to market reform(1)Changing settlement cycle4 (2)Payment system reform2 (3)Reorganizing market/Creating new market5 (4)Standardization2 2Response to markets opening(1)Cross border linkage3 to foreign investors(2)New service for foreign investors2 3Response to global regulation(1)PFMI2 (2)Other regulations2 4Enhancing risk management(1)CCP2 (2)KYC3 (3)Investor protection2 5Enhancing efficiency(1)e-Voting5 (2)Business operations3 (3)Account opening/management4 (4)Information/Notice/Service to end-investors5 6Enhancing communication/customer support 3 7New systems(1)Core clearing/settlement/depository system5 (2)Fund system2 8New areas(1)Handling/Safekeeping new products/non-financial asset4 (2)Expanding bond business3 (3)Others6 Total69

4. 3 List of 69 projects by type (classification) categoryNo.MarketOrganizationProject 1(1)1VietnamVSDOfficially executing T+2 settlement cycle 2JapanJASDECShortening Securities Settlement Cycle 3Deutsche BankGlobal update to the T+2 project 4MongoliaMCSDSettlement Cycle from T+1 to T+3 1(2)5ChinaCCDCExtend the function time of Automatic Pledge Financing Mechanism 6VietnamVSD Proposal for moving cash payment function for government bond transactions from the commercial bank to the State Bank of Vietnam 1(3)7PakistanNCCPLIntegration of all stock exchanges into Pakistan stock exchange 8MongoliaMCSDStructural changes of the company 9MongoliaMCSDErdenes Tavan Tolgoi (Privatization project of one of the world's largest coal mine) 10VietnamVSDParticipating in building up the derivatives market 11IranCSDITransfer of Iran Mercantile Exchange clearing house to CSDI 1(4)12VietnamVSDOfficially operating ISO-message based gateway 13SWIFT Harmonisation charter for Financial Market Infrastructures “ISO 20022 Harmonisation Charter” 2(1)14Hong KongHKExUpdates on Shanghai-Hong Kong Stock Connect 15Hong KongHKMACross-border linkage with the Mainland China for Mutual Recognition of Funds 16KoreaKSDKSD-CCDC Linkage 2(2)17VietnamVSDOfficially launching the online trading code application system for foreign investors 18MongoliaMCSDUpdates on custodian service in the Mongolian securities market

5. 4 3(1)19ThailandTSDAchievements and Plans to Comply with the PFMI 20PakistanNCCPLPFMI Disclosure Framework 3(2)21IndonesiaKPEIThird Country CCP (TC-CCP) Application project - Response to European regulation 22KoreaKSDLEI Service 4(1)23PakistanNCCPLFunction as CCP - Establishment of Settlement Guarantee Fund, etc. 24JapanJSCCEnhancing the service of OTC Derivative clearing 4(2)25IndiaCDSLe-KYC 26IndiaNSDLe-KYC 27SWIFT KYC for funds 4(3)28PhilippinesPDTCName on Central Depository (NOCD) provide brokers the facility to segregate their clients holdings 29PhilippinesPDTCDVP Investor Level Settlement for Corporate Bonds

6. 5 5(1)30Sri LankaCDSIntroduction of e-Voting at the general meetings 31VietnamVSDDeveloping electronic voting system (V-vote) 32IndiaNSDLe-Voting 33IndiaCDSLe-Voting System 34TaiwanTDCCUPDATE 2016 E-Voting in Taiwan 5(2)35IndiaICCLIntroduction of E-FDR and E-BG facility for clearing members 36MalaysiaBursaPDF conversion of electronic CDS statements 37ThailandTSDDigital warrant withdrawal 5(3)38ChinaCCDCScripless account opening 39IndiaCDSLCDAS (Central Depository Accounting System) 40IndiaNSDLConsolidated Account Statement 41Sri LankaCDSDecentralization of de-mat account openings 5(4)42MalaysiaBursaConsolidation of email address in CDS 43Sri LankaCDSCDS e-Connect online access to account holders to view the transactions and portfolio balances 44Sri LankaCDSEstablishment of an e-Payment arm to process corporate action payments 45SingaporeSGXPre-Settlement Notification (PSN) Service 46IndiaNSDLVerification of Taxpayer identity using depository account for e-Filing of Income Tax Return 647ChinaCCDCUpgrade Shanghai office to Branch Company 48PakistanNCCPLCall Center / Customer Relationship Management (CRM) System 49SWIFT Change Request Forum publication & seamless dissemination of change requests

7. 6 7(1)50BangladeshCDBLUpgrade the core system and application software 51IndonesiaKSEINew KSEI's Core System 52SingaporeSGXNew Post Trade System 53JapanJASDECMedium-term IT Plan 54IranCSDIMulti banking settlement system 7(2)55IndonesiaKSEINew Fund System (S-Invest) 56ThailandTSDCentralized fund settlement platform 8(1)57TaiwanTDCCCustody Services for Foreign Currency Denominated Bonds 58PhilippinesPDTCNOCD for offshore securities safekeeping services for offshore securities holdings of investors 59IndiaCDSLe-Will facility (Myeasiwill) 60IndiaCDSLe-Locker Demat account holders can keep Non-Financial documents in electronic form 8(2)61ChinaCCDCEnterprise Bond Reviewing Center to enhance independence of enterprise-bond reviewing process 62ChinaCCDCChinabond Pricing Center for foreign RMB-bond investors 63ChinaSHCHShanghai Free Trade Zone Bond Business 8(3)64PakistanCDCPLBusiness Process Outsourcing Services 65KoreaKSDCentral Repository of Korean Crowdfunding Market 66KoreaKSD PensionClear System Centralized platform for pension market launched Dec. 2015 67KoreaKSDISA (Individual Savings Account) -Net 68PhilippinesPDTC Distributed Ledger Technology Working closely with a partner for use in the settlement/post trade 69SWIFT Distributed Ledger Technology securities industry challenge

8. 7 List of 69 projects by organizations MarketOrganizationProjectcategoryNo. BangladeshCDBLUpgrade the core system and application software7(1)50 ChinaCCDCExtend the function time of Automatic Pledge Financing Mechanism1(2)5 CCDCScripless account opening5(3)38 CCDCUpgrade Shanghai office to Branch Company647 CCDCEnterprise Bond Reviewing Center to enhance independence of enterprise-bond reviewing process 8(2)61 CCDCChinabond Pricing Center for foreign RMB-bond investors 8(2)62 SHCHShanghai Free Trade Zone Bond Business8(2)63 Hong KongHKExUpdates on Shanghai-Hong Kong Stock Connect2(1)14 HKMACross-border linkage with the Mainland China for Mutual Recognition of Funds2(1)15 IndiaCDSLe-KYC4(2)25 CDSLe-Voting System5(1)33 CDSLCDAS (Central Depository Accounting System)5(3)39 CDSLe-Will facility (Myeasiwill)8(1)59 CDSLe-Locker Demat account holders can keep Non-Financial documents in electronic form 8(1)60 ICCLIntroduction of E-FDR and E-BG facility for clearing members5(2)35 NSDLe-KYC4(2)26 NSDLe-Voting5(1)32 NSDLConsolidated Account Statement5(3)40 NSDLVerification of Taxpayer identity using depository account for e-Filing of Income Tax Return 5(4)46

9. 8 IndonesiaKPEIThird Country CCP (TC-CCP) Application project - Response to European regulation 3(2)21 KSEINew KSEI's Core System7(1)51 KSEINew Fund System (S-Invest)7(2)55 IranCSDITransfer of Iran Mercantile Exchange clearing house to CSDI1(3)11 CSDIMulti banking settlement system7(1)54 JapanJASDECShortening Securities Settlement Cycle1(1)2 JASDECMedium-term IT Plan7(1)53 JSCCEnhancing the service of OTC Derivative clearing4(1)24 KoreaKSDKSD-CCDC Linkage2(1)16 KSDLEI Service3(2)22 KSDCentral Repository of Korean Crowdfunding Market8(3)65 KSD PensionClear System Centralized platform for pension market launched Dec. 2015 8(3)66 KSDISA (Individual Savings Account) -Net8(3)67 MalaysiaBursaPDF conversion of electronic CDS statements5(2)36 BursaConsolidation of email address in CDS5(4)42 MongoliaMCSDSettlement Cycle from T+1 to T+31(1)4 MCSDStructural changes of the company1(3)8 MCSDErdenes Tavan Tolgoi (Privatization project of one of the world's largest coal mine)1(3)9 MCSDUpdates on custodian service in the Mongolian securities market2(2)18

10. 9 PakistanCDCPLBusiness Process Outsourcing Services8(3)64 NCCPLIntegration of all stock exchanges into Pakistan stock exchange1(3)7 NCCPLPFMI Disclosure Framework3(1)20 NCCPLFunction as CCP - Establishment of Settlement Guarantee Fund, etc. 4(1)23 NCCPLCall Center / Customer Relationship Management (CRM) System648 PhilippinesPDTCName on Central Depository (NOCD) provide brokers the facility to segregate their clients holdings 4(3)28 PDTCDVP Investor Level Settlement for Corporate Bonds4(3)29 PDTCNOCD for offshore securities safekeeping services for offshore securities holdings of investors 8(1)58 PDTC Distributed Ledger Technology Working closely with a partner for use in the settlement/post trade 8(3)68 SingaporeSGXPre-Settlement Notification (PSN) Service5(4)45 SGXNew Post Trade System7(1)52 Sri LankaCDSIntroduction of e-Voting at the general meetings5(1)30 CDSDecentralization of de-mat account openings5(3)41 CDSCDS e-Connect online access to account holders to view the transactions and portfolio balances 5(4)43 CDSEstablishment of an e-Payment arm to process corporate action payments 5(4)44 TaiwanTDCCUPDATE 2016 E-Voting in Taiwan5(1)34 TDCCCustody Services for Foreign Currency Denominated Bonds8(1)57 ThailandTSDDigital warrant withdrawal5(2)37 TSDAchievements and Plans to Comply with the PFMI3(1)19 TSDCentralized fund settlement platform7(2)56

11. 10 VietnamVSDOfficially executing T+2 settlement cycle1(1)1 VSD Proposal for moving cash payment function for government bond transactions from the commercial bank to the State Bank of Vietnam 1(2)6 VSDParticipating in building up the derivatives market1(3)10 VSDOfficially operating ISO-message based gateway1(4)12 VSDOfficially launching the online trading code application system for foreign investors2(2)17 VSDDeveloping electronic voting system (V-vote)5(1)31 Deutsche BankGlobal update to the T+2 project1(1)3 SWIFT Harmonisation charter for Financial Market Infrastructures “ISO 20022 Harmonisation Charter” 1(4)13 SWIFT KYC for funds4(2)27 SWIFT Change Request Forum publication & seamless dissemination of change requests 649 SWIFT Distributed Ledger Technology securities industry challenge8(3)69