MOSCOW, March 21. /TASS/. The Bank of Russia changes the rules for purchase of friendly issuers’ securities by non-qualified investors if they are recorded in an unfriendly depository, the regulator said on its website on Tuesday.
In particular, starting April 1, 2023 a broker may execute a client’s order only upon notifying the client of a possible subsequent blocking of these securities.
"The broker may either send a push notification to the client prior to every transaction or inform the client only once about the purchase rules to receive the client’s consent to the risk," the Central Bank said.
In addition, from March 21, 2023, the Bank of Russia suspends the admission to trading at PJSC SPB Exchange of new foreign securities permitted for non-qualified investors if these securities are recorded in an unfriendly depository.