NSD Introduces a Moratorium on Raising Fees for Its Services until 1 September 2020

17 April 2020
Print version

National Settlement Depository (NSD), Russia’s central securities depository, has made a decision to suspend an increase in its fees. The moratorium will be in effect until 1 September 2020. This measure was undertaken to facilitate market participants’ operations in the current situation.  

NSD also decided to postpone the introduction of new fees for repository services which had previously been approved by NSD’s Supervisory Board.

There may be some exceptions due to possible changes in the legislative framework.  

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