EN
Payments for securities credited by 03/19/2024 to type 'C' accounts of foreign nominal holders or foreign payment agents opened in accordance with Decree No. 95 of the President of the Russian Federation of 03/05/2022 "On a Temporary Procedure for Fulfilling Obligations to Certain Foreign Creditors" (hereinafter - Decree No. 95).
shares of Russian joint-stock companies;
federal loan bonds;
Russian bonds with centralized accounting (storage);
depositary receipts for shares of Russian joint-stock companies;
eurobonds for which a Russian legal entity bears obligations.
The aforementioned securities must have been acquired before March 1, 2022, or after March 1, 2022 (provided that, starting from March 1, 2022, the persons exercising rights under the securities were not foreign creditors specified in paragraph 1 of Decree No. 95, except for foreign creditors recognized as controlled foreign companies in accordance with Decree No. 738 of the President of the Russian Federation dated October 15, 2022 "On the Application of Certain Decrees of the President of the Russian Federation").
If your securities are accounted for in foreign depositories that have type C depository accounts for foreign nominal holders opened at NSD, you must submit an application for payment disbursement and documents confirming your claims to NSD. The list of information and documents is determined by the Resolution of the Board of Directors of the Central Bank of Russia dated April 12, 2024.
If there is a foreign depository in the chain of rights accounting for your securities that has a depository account opened at a Russian depository other than NSD, you must contact that Russian depository to receive payments.
You can obtain information on where the foreign depository's account is opened by contacting the broker through whom the securities were purchased.
In the event that:
there are no Russian depositories in the securities rights accounting chain, including NSD,
payments for securities have been transferred to a type 'C' account of a foreign payment agent opened at NSD.
The security owner has the right to submit an application for payment disbursement to the Russian depository or the eurobond debtor that transferred funds to the type 'C' account of the foreign payment agent, indicating the details of their own ruble-denominated bank account.
List of securities and payments for which the owner can apply directly to NSD:
In all other cases, we recommend contacting the foreign depository you are a client of, or the eurobond debtor, to receive payments.
Payments for security owners who are clients of Russian depositories, where there is no foreign depository in the securities rights accounting chain, are transferred in rubles in accordance with Article 8.7 of Federal Law No. 39-FZ "On the Securities Market" dated April 22, 1996, commonly known as "cascade payments".
If you do not receive a payment from the Russian depository within the established timeframe, you must contact your Russian depository for clarification. You do not need to submit any applications or additional documents to NSD.