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Corporate law and governance, financial transaction taxes

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1 January 2015 Earliest for Euroclear to Access Russian Share Market

27.03.2014 13:09 / Interfax

Euroclear will not be technically able to access the Russian share market until 1 January 2015, said Central Bank First Deputy Chairman Sergey Shvestov at Exchange Forum 2014 on Thursday.

“Euroclear will not be technically able to enter the market before 1 January”, he said, citing technical procedures as the reason for the delay.

It has been reported earlier that Euroclear could gain access to the Russian share market in July 2014.

Trading infrastructureProject Group №1