Central Securities Clearing System Obtains ISO Recertification

Central Securities Clearing System (CSCS) Plc been recertified under ISO/IEC 27001:2013 following the recent audit of its compliance with information security risks controls by the British Standards Institution (BSI), United Kingdom(UK).

BSI is one of the world’s largest accreditation bodies for ISO certifications. According

to CSCS, the audit involved a series of process validation and assurance check of controls with respect to company and client data management.

Whilst receiving the recertification report, the Managing Director/Chief Executive Officer of CSCS Plc, Mr. Haruna Jalo-Waziri said that as a significant capital market infrastructure and indeed, the central securities depository

for the Nigerian capital market, one of CSCS’ paramount areas of focus is protection of commercially sensitive information belonging to the company and its investors. According to Mr. Jalo-Waziri, “CSCS is committed to upholding the highest standards of security for the processes, people and technology powering our services. The confidentiality, integrity and availability of information under

our ISO custody recertification is held sacrosanct. provides assurance to all our customers that we have controls in place to identify and mitigate potential risks to confidential information. We work hard to ensure that we build trust and credibility in the market so as to inspire confidence among our stakeholders”.

Mr. Jalo-Waziri added that the “recertification serves to

test and affirm our commitment to information security at all levels of our business and I am pleased to begin the year with this milestone.” He expressed his profound appreciation to both internal and external stakeholders for their commitment and steadfastness in ensuring the success of the recertification audit. The ISO/IEC 27001:2013

certification was first obtained by CSCS in 2015. It is conducted by BSI every three years and in between, a yearly surveillance audit is done. The next recertification audit comes up in 2022.

The Global Legal Entity Identifier Foundation (GLEIF) last year accredited the CSCS Plc to perform all Local Operating Unit (LOU) services in Nigeria.