Creation Link Guide - Russia

30.01.2017

Key features

Yes/NoRemarks
Settlement free of paymentYesInternal settlement and over-the-counter (OTC) domestic settlement.
Settlement against paymentYesEligible settlement currencies: Russian Ruble (RUB); U.S. Dollar (USD).
Bridge settlementYesRussian government bonds (OFZs) and Regional government debt securities (Municipal bonds).
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesNo 
Pre-matchingNo 
Back-to-back processingYesCBL internal settlement.
AllegementsNo 
Automatic compensationNo 
Registered securitiesNo 
Multi Market SecuritiesNo 
Lending and borrowingYesCBL internal settlement.
Proxy votingYes 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Repo servicesYesCBL Internal Settlement.
Market restrictionsYesRefer to Investment Regulation.
FTTNo 
FATCA GIINYesJPCJ0H.00028.ME.643
Type of linkCSD or settlement method
Direct link for debt securities and both CSD-eligible and NSD-eligible equities; Foreign Nominee Holder account opened with CSD as custodian and operated by Sberbank of Russia, Moscow acting as account operator.National Settlement Depository (NSD - the Russian central securities depository).