In June 2015, Federal Law № 210-FZ (“Amendments to Certain Laws of the Russian Federation and Repeal of Some Provisions of Certain Laws of the Russian Federation”) was signed. This document established a new order for the processing of corporate actions. The statutory provisions will come into force on 1 July 2016.
To facilitate market participants’ transition to the new rules, NSD has created a new section of its website: the Corporate Actions Reform Roadmap. Information about key events and plans in this sphere will be published in this section.
The section contains information about the timing for publication of new message formats on corporate actions and about the planned dates for testing the message exchange system with market participants. Thus, market participants will have an opportunity to prepare for the new information requirements and to take them into account when developing their own software.
The schedule for the publication of message formats and the test dates are available here.
You can subscribe to news of the reform here.