A special recording procedure for certain securities will be in effect until the end of 2025
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News
13.09.2024
CENTRAL BANK OF THE RUSSIAN FEDERATION HAS MADE CHANGES TO THE S-TYPE ACCOUNT PATTERN
The pattern of special S-type custody account has been defined. Money transferred from a special custody account opened with the same depository or erroneously debited from a special S-type custody account, as well as refundable amounts of taxes previously paid from this account, can be credited to it.
Funds may be debited from such an account to transfer money as payments on financial instruments to bank accounts; pay taxes in fulfilment of the depository's duties as a tax agent; return funds erroneously credited to a special S-type custody account.
In addition, the list of operations for crediting and debiting funds using an S-type bank account opened for a non-resident, as well as an S-type custody account and an S-type custody sub-account, has been expanded.
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