On introducing a marketing period for NSD's depository services fees

10 February 2023
Print version

Ref. No. 12848 dated 10 February 2023

Att NSD clients

In accordance with the decision of NSD's Executive Board dated 09 February 2023, National Settlement Depository (NSD) announces a marketing period from 10 February 2023 to 30 April 20223 (both dates inclusive) during which no fee is charged for transfers of foreign issuer securities from non-residents to Russian residents (paragraph 5.1 of NSD Fees for Depository Services) under counter instructions of the Sending Client and the Receiving Client (Transaction Code 16 and 16/1) without cash settlement (inter alia, under type “C” securities account transactions).

The marketing period applies if the following conditions are met concurrently:

  • a transfer is authorised by the Government Commission;
  • the “Additional Information” field contains “Transfer authorised by the Government Commission for a resident to purchase securities from a non-resident”.

If you have any enquiries regarding this notice, please contact your account manager at NSD by phone: +7 495 956-27-90, +7 495 956-27-91.

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