FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 8, 2020 No. 418-FZ

About introduction of amendments to the Federal law "About Mortgage Securities"

Accepted by the State Duma on November 18, 2020

Approved by the Federation Council on December 2, 2020

Article 1

Bring in the Federal Law of November 11, 2003 No. 152-FZ "About mortgage securities" (The Russian Federation Code, 2003, No. 46, Art. 4448; 2005, No. 1, Art. 19; 2006, No. 31, Art. 3440; 2010, No. 11, Art. 1171; 2011, No. 48, Art. 6728; No. 49, Art. 7040; 2012, No. 26, Art. 3436; No. 53, Art. 7606; 2013, No. 30, Art. 4084; No. 51, Art. 6699; 2015, No. 27, Art. 4001; 2016, No. 1, Art. 81; No. 27, Art. 4294; 2017, No. 27, Art. 3938; No. 48, Art. 7052; 2018, No. 53, Art. 8440; 2019, No. 18, Art. 2200; No. 31, Art. 4420; 2020, No. 14, Art. 2027, 2036) following changes:

1) in Article 1 the word", issue" to exclude;

Article 2 to add 2) with the paragraph of the following content:

"the managing director of mortgage covering - the commercial organization having license for activities on management of investment funds, mutual investment funds and non-state pension funds, credit institution, the participations performing according to this Federal Law trust management of mortgage covering of hypothecation certificates under which they are issued, and also the state-owned managing company in the cases established by this Federal Law.";

In paragraph one of part 3 of Article 3 of the word "or issues of mortgage securities" shall be replaced with words 3) "bonds with mortgage covering";

To exclude 4) in the name of Chapter 3 of the word "ISSUE And";

5) Article 17 to recognize invalid;

6) in Article 18:

a) recognize part 1 invalid;

b) add with part 2.1 following of content:

"2.1. The rights to mortgage covering arise in case of the conclusion of the trust management agreement of mortgage covering.

The conclusion of the trust management agreement of mortgage covering is performed by accession to the specified agreement by means of acquisition of hypothecation certificates of participation.";

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