Non-residents of “friendly” countries will be able to trade bonds on the Moscow Stock Exchange from August 15, the site announced. They were allowed to trade in the derivatives market on August 8. Before admission, brokers carry out a special identification of the bidder.
Admission to trading of bonds on the Moscow Stock Exchange of non-residents of the so-called friendly countries from August 15, the press service of the stock exchange reported. Non-residents whose beneficiaries are Russian natural or legal persons registered in Russia may also conduct securities transactions.
Non-residents of “friendly” countries have been allowed to trade on the derivatives market of the Moscow Stock Exchange since August 8. Brokers, banks and management companies are obliged to carry out a special identification of a trading participant, for the accuracy of which they are responsible, specified the Moscow Stock Exchange.
On August 1, the Moscow Stock Exchange issued a statement recommending that Russian companies not use the government’s right to withhold financial information. Refusing to publish reports can have negative consequences, the Moscow Stock Exchange considered.
Author:
Kirill Bilyk
Source: RB
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