A special recording procedure for certain securities will be in effect until the end of 2025

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22.11.2022
FROM APRIL NEXT YEAR, A NEW PROCEDURE FOR LICENSING CERTAIN TYPES OF ACTIVITIES IN THE FINANCIAL MARKET WILL BE IN EFFECT.
 
The Bank of Russia has updated the procedure for obtaining licences for professional activities on the securities market, for investment fund activities, for managing investment funds, unit investment funds and non-state pension funds, for the activities of a specialised depository, as well as for acquiring the right to investment consulting.
Among other things, a simplified procedure for obtaining permits for additional types of activities on the securities market shall be introduced, when the possibility of such a combination is provided for by law. A notification procedure has been established for admission to certain types of professional activities on the securities market, including investment consulting.
 

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