INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of July 22, 2019 No. 5216-U

About additional requirements to procedure for forming of committee of users of services of the central depositary, and also requirements to regulations on committee of users of services of the central depositary

This Instruction based on part 7 of Article 5, Items 3 and 4 of article 32 of the Federal Law of December 7, 2011 No. 414-FZ "About the central depositary" (The Russian Federation Code, 2011, No. 50, Art. 7356; 2012, No. 31, Art. 4334; No. 53, Art. 7607; 2013, No. 27, Art. 3477; No. 30, Art. 4084; 2015, No. 27, Art. 4001; No. 29, Art. 4357; 2018, No. 17, Art. 2429; No. 32, Art. 5088; No. 53, of the Art. 8440) establishes additional requirements to procedure for forming of committee of users of services of the central depositary, and also the requirement to regulations on committee of users of services of the central depositary.

Chapter 1. Additional requirements to procedure for forming of committee of users of services of the central depositary

1.1. Forming of committee of users of services of the central depositary (further - committee) shall be performed by the central depositary for a period of one year based on arrived from depositors of the central depositary, the organizers of trade performing carrying out the organized biddings by securities, the clearing organizations performing clearing following the results of the biddings by securities, registrars (further in case of joint mentioning - users of services of the central depositary) offers on inclusion in structure of committee of their representatives who are physical persons (further - representatives).

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