FEDERAL LAW OF THE RUSSIAN FEDERATION

of May 29, 2024 No. 120-FZ

About introduction of amendments to articles 3 and 5 of the Federal law "About the Security Market"

Accepted by the State Duma on May 21, 2024

Approved by the Federation Council on May 22, 2024

Article 1

Bring in the Federal Law of April 22, 1996 No. 39-FZ "About the security market" (The Russian Federation Code, 1996, No. 17, Art. 1918; 2002, No. 52, Art. 5141; 2004, No. 31, Art. 3225; 2007, No. 50, Art. 6247; 2009, No. 48, Art. 5731; 2011, No. 7, Art. 905; No. 48, Art. 6728; No. 50, Art. 7357; 2013, No. 30, Art. 4084; 2015, No. 27, Art. 4001; 2017, No. 52, Art. 7920; 2018, No. 53, Art. 8440; 2019, No. 30, Art. 4150; No. 52, Art. 7772; 2020, No. 31, Art. 5065; 2021, No. 24, Art. 4210; 2024, No. 1, Art. 12) following changes:

Item 2 of Article 3 to add 1) with the paragraph of the following content:

"The broker shall transfer the information about the physical person and its expenses connected with acquisition and storage of securities, to other professional participant of the security market specified by physical person no later than 30 days from the date of receipt of the corresponding statement from physical person according to the procedure which is available for him who is established by the basic standard of making of transactions in the financial market developed by the self-regulatory organization in the field of the financial market combining brokers, approved and approved according to requirements of the Federal Law of July 13, 2015 No. 223-FZ "About self-regulatory organizations in the field of the financial market". The structure of such data affirms federal executive body, the representative for control and supervision in the field of taxes and fees. The format of the messages transferred electronically, containing such data is established by the basic standard of making of transactions in the financial market developed by the self-regulatory organization in the field of the financial market combining brokers, approved and approved according to requirements of the Federal Law of July 13, 2015 No. 223-FZ "About self-regulatory organizations in the field of the financial market".";

Article 5 to add 2) with part of the following content:

"The managing director shall transfer the information about the physical person and its expenses connected with acquisition and storage of securities, to other professional participant of the security market specified by physical person no later than 30 days from the date of receipt of the corresponding statement from physical person according to the procedure which is available for him who is established by the basic standard of making of transactions in the financial market developed by the self-regulatory organization in the field of the financial market combining managing directors, approved and approved according to requirements of the Federal Law of July 13, 2015 No. 223-FZ "About self-regulatory organizations in the field of the financial market". The structure of such data affirms federal executive body, the representative for control and supervision in the field of taxes and fees. The format of the messages transferred electronically, containing such data is established by the basic standard of making of transactions in the financial market developed by the self-regulatory organization in the field of the financial market combining managing directors, approved and approved according to requirements of the Federal Law of July 13, 2015 No. 223-FZ "About self-regulatory organizations in the field of the financial market".".

Article 2

This Federal Law becomes effective since January 1, 2025.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info