1. ACSDA GENERAL ASSEMBLY
April 5, 2017
La Paz, Bolivia

2. AGENDA Confirmation of Quorum
President’s Opening Remarks, review and approval of the Agenda
Introduction and Acceptance of a new ACSDA Member: Bahamas CSD
Annual Report on ACSDA activities and achievements since the last General Assembly
Treasurer’s Financial Report:
Auditor’s Report
2016 Financial Statements Approval
Review and Approval of changes to Association Bylaws Article 6 Membership
Ongoing Work Plan - Presentation/Discussion
Election of the Members of the Executive Committee for the period 2017 – 2019
Overview of process and appointment of Supervisor
Presentation of Candidates for the Executive Committee
Executive Committee Election - Vote
BREAK

3. AGENDA Cont.
Announcement of the Election Results for the Executive Committee
Review and Approval 2017 Annual Budget and Annual Dues
Appointment of External Auditor for the year 2017 or delegation of their appointment to the Executive Committee
President’s Election for the period 2017 – 2019
Presentation of candidates for ACSDA’s President
Presidential Election Vote
Announcement of Election Results
Approval of location and host for the 2018 Ordinary General Assembly of the Members of ACSDA
Other issues arising
ADJOURNMENT

4. Approval of New Member - BCSD
October 2016 – The documentation required in support of the application of the Bahamas Central Securities Depository was received and reviewed by ACSDA Legal Council
November 16, 2016 – The membership application of the Bahamas CSD was approved by the ACSDA Executive Committee
November 17, 2016 – ACSDA members were notified of the application
December 17, 2016 – The 30-day member comment period concluded with no objections to the application of BCSD

5. Proposed By-law Modification
Article 6 - Membership
Central securities depositories, clearing houses and other organizations of the Americas acting professionally as securities depositories or securities clearinghouses, irrespective of what other functions they may perform, and which are recognized as such by the competent authority, shall be entitled to become members of the Association if they meet the requirements established in these Bylaws and they are admitted by the General Assembly.
Moreover, stock exchanges and central banks performing the function of central securities depositories or clearinghouses and which are duly recognized as such by the competent authorities in their respective countries, are also entitled to become members of the Association. They will lose such right, however, at the time when such functions are transferred over to a securities depository or securities clearinghouse.
Notwithstanding the foregoing, banking corporations, regardless of what is their primary line of business and even if they provide securities depository services and/or clearinghouse services, shall not be entitled to become members of the Association.
For the purpose of this article, the term “securities” will not mean Forwards, Swaps, Options, Repos or any other derivative or contract over securities, nor cash or interest over cash.

6. Election of the Executive Committee
According to the ACSDA by-laws, the Executive Committee will
Be elected for a term of two (2) years
Will be composed of between 5 and 9 members
Recommendation
The Executive Committee continue to be comprised of 9 members for the 2017 – 2019 term
The following 9 member organizations be elected to the Executive Committee
Banco Central del Uruguay, CVSA Argentina, DCV Chile, Deceval Colombia, Latinclear Panama, Indeval Mexico, CVN Guatemala, ECCSD - Eastern Caribbean, DTCC USA

7. Election of Officers of the Association
According to the ACSDA by-laws, the President of ACSDA will
Be elected for a term of two (2) years
Be elected by the General Assembly from among the Executive Committee Members with the vote of the majority of the Members present at the meeting
According to the ACSDA by-laws, the Executive Committee will elect the Vice-president and Treasurer at their first meeting following their election

8. Approval of location and host for the 2018 Ordinary General Assembly of the Members of ACSDA