Central Depository & Settlement Co Ltd (CDS)

Ownership and Structure

The shareholders of the CDS cover a wide spectrum of companies in the financial sector including the Stock Exchange of Mauritius which holds a majority of 51% of the shares.

The CDS Board of Directors is constituted to ensure the representation of various stakeholders and comprises representatives of:

• The Stock Exchange of Mauritius Ltd (SEM)
• Minority shareholders of CDS
• The Ministry of Finance and Economic Development
• The Bank of Mauritius

The CDS is organized in three departments, namely: Systems, Operations, and Finance & Administration. The Legal department of the SEM provides in-house legal services to the CDS. The head of each department reports to the Managing Director.