of June 6, 2017 No. 16
About procedure for making of marginal transactions with issued securities
Based on part eight of article 31 of the Law of the Republic of Belarus of January 5, 2015 "About the security market" and paragraph two of Item 1 of the resolution of Council of Ministers of the Republic of Belarus of September 10, 2009 No. 1163 "About authority delegation to the Ministry of Finance" the Ministry of Finance of the Republic of Belarus DECIDES: No. 231-Z
1. Approve the Instruction about procedure for making of marginal transactions with issued securities it (is applied).
2. This resolution becomes effective in six months after its official publication.
Minister
V. V. Amarin
Approved by the Resolution of the Ministry of Finance of the Republic of Belarus of June 6, 2017 No. 16
1. This Instruction establishes procedure for making of marginal transactions of purchase and sale of issued securities in the course of their address, including procedure for provision by the broker to the client as a loan of money and (or) issued securities for making of marginal transactions (further - loan).
2. Making of marginal transactions is performed in trade system of stock exchange within previously reserved money and (or) issued securities. The money provided by the broker to the client as a loan is reserved for the biddings from the current (settlement) or other bank account of the broker. The issued securities provided by the broker to the client as a loan are blocked for the biddings on the account of "depot" of the broker.
3. According to the procedure established by stock exchange when making the marginal transaction in the protocol on results of the biddings on this marginal transaction data that the transaction is marginal are specified.
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