Translation. Region: Russian Federation –
Source: Central Bank of Russia
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A law simplifying the transfer of Russian securities to oneself is expected to come into effect on September 1, 2026. The Bank of Russia has developed rules of conduct fast transfer depositories.
The draft lists the conditions and grounds for conducting such operations on retail investor trading accounts, the procedure for interaction between depositories, and also specifies the timeframes for transferring securities (no more than 2 minutes for each depository).
Currently, transferring assets from one depository to another requires an investor to undergo a lengthy and complex process. Specifically, they must submit two different forms of instructions: one for debiting and one for crediting. Moreover, these instructions are often submitted in paper form, requiring a personal visit to the depository's office. Under the new rules, depositories will credit securities without the client's instructions.
The Bank of Russia accepts comments and suggestions on the draft regulatory act until December 24, 2025, inclusive.
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