The Moscow Stock Exchange announced the start of trading in securities of non-Russian residents of “friendly” countries. They will be allowed to trade from August 8, but broker and bank client companies will need to undergo special identification.
Paper operations can be carried out on stock and futures markets, the press service of the Moscow Stock Exchange said.
From August 8, the trading of securities of companies not resident in Russia from the list of so-called friendly countries, as well as companies whose final beneficiaries are Russian natural persons and registered as legal entities in Russia, will begin.
Before being admitted to trading, clients of brokers and banks must undergo special identification. A new field will be added to the customer questionnaire, where you will need to provide information about compliance with the regulations. Clients are responsible for the accuracy of this information, specified the Moscow Stock Exchange.
Author:
Kirill Bilyk
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
