Rules for faster transfers of securities: draft Bank of Russia ordinance
The law simplifying transfers of Russian securities by a person to himself/herself will become effective from 1 September 2026. The Bank of Russia has developed rules on faster transfers of securities by depositories.
The draft lists the terms and grounds for conducting such transactions using trading accounts of retail investors, stipulates the procedure for interaction between depositories, and also specifies the timeframes for transferring securities (no more than two minutes for each depository).
Currently, for investors to transfer their assets from one accounting institution to another, they have to come a long and difficult way. In particular, it is necessary to submit orders in two different forms: one for debiting, and the other for crediting. Furthermore, orders are often submitted in hard copy, which requires a personal visit to the depository office. According to the new rules, securities will be credited by depositories without the client’s order.
The Bank of Russia welcomes comments and suggestions regarding the draft ordinance through 24 December 2025.