Acceptance to trading sections for NCC clearing of foreign securities is allowed both from counterparties having depository accounts at NSD and from counterparties having accounts at foreign depositories. More details on capabilities in foreign OTC markets.

When conducting operations on Moscow Exchange with foreign securities, the specifics of conducting operations with securities traded on multiple markets should be taken into account.

Foreign securities traded on multiple markets (multi listed securities) are foreign securities that have one ISIN code and several depository codes (common codes) corresponding to the markets on which they are traded. Securities accounted for in the issuer's foreign depository are considered home market securities, and securities accounted for in other foreign depositories are considered remote market securities. Information about the presence of an exchange code for a particular depository code of a security is available in security questionnaires on the website nsddata.ru.

NSD provides an automatic service for replacing remote lines with home lines (realignment), for those lines where this is provided for by the Rules of the corresponding foreign depository.

The NSD account mode in Euroclear Bank assumes automatic replacement (automatic realignment) of remote line securities to home line securities twice during the operational day, while crediting home line securities to the NSD account may be carried out by Euroclear Bank within several operational days. Realignment from remote lines of a security to the home line is performed on the depositor's depository account based on NSD's service order and is not tariffed. Upon receiving a message from Euroclear Bank about the start of the realignment procedure, securities are transferred to the section "Replacement of Foreign Securities (automatic realignment)" (section type code - R1), except for securities located on the sections "Securities on Individual Account in EUROCLEAR BANK". Based on the results of transferring securities to the section "Replacement of Foreign Securities (automatic realignment)", depositors are provided with a report in form MS101.

Also, the NSD account mode in Euroclear Bank assumes that if necessary, Euroclear Bank performs realignment for securities debit (operation type 36). Realignment for securities debit is performed on the depositor's depository account based on NSD's service order and is not tariffed. Upon receiving a message from Euroclear Bank about the start of the realignment procedure, securities are transferred to the section "Replacement of Foreign Securities (automatic realignment)" (section type code - R1), except for securities located on the sections "Securities on Individual Account in EUROCLEAR BANK". Based on the results of transferring securities to the section "Replacement of Foreign Securities (automatic realignment)", depositors are provided with a report in form MS101.

When conducting operations with securities traded on multiple local markets, it should be taken into account that when transferring such securities not from the primary storage location in the foreign depository's records, the time for order processing increases both on the foreign depository side and on the NSD side. Realignment may take from several days to several weeks.

¹ For orders specifying remote line, the depositor is sent an order execution refusal except for cases when realignment from remote line to home line is impossible.

² BIC of security settlement location is presented in Table 1.

³ Settlement locations are presented in the table.

⁴ For orders specifying remote line, the depositor is sent an order execution refusal except for cases when realignment from remote line to home line is impossible.

⁵ It should be taken into account that execution terms may be increased by the terms of necessary realignment execution.

⁶ For orders specifying remote line, the depositor is sent an order execution refusal except for cases when realignment from remote line to home line is impossible.

Corporate actions (hereinafter – CA) on Foreign Securities are carried out taking into account the features and limitations provided for by applicable law, rules of Foreign Depository activity, or customs established and applied in the corresponding market and/or in relation to the corresponding securities.

Detailed information on Corporate Actions with Foreign Securities.

NSD accepts NIFI (foreign financial instruments that are not qualified as securities in accordance with the legislation of the Russian Federation) for servicing only based on CA results with foreign securities (e.g., RHDI Placement of Intermediate Securities). NSD provides separate accounting of NIFI on Registers opened in the client's name. If NIFI are credited to the NSD account in the Foreign Depository within the framework of CA, NSD credits NIFI to the Client Register sections by service order.

In case NIFI or securities received as a result of CA are not accepted for storage in Euroclear Bank, NSD does not credit such instruments. Clients can receive such instruments to their accounts in other depositories by providing the corresponding details to NSD.

The detailed procedure for working with NIFI is described in Appendix No. 7 Rules for NKO AO NSD Providing Services for Accounting of Foreign Financial Instruments That Are Not Qualified as Securities.