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On Amendments To Certain Legislative Acts Of The Russian Federation In Connection With Adoption Of The Federal Law "on The Central Securities Depository"

Original Language Title: О внесении изменений в отдельные законодательные акты Российской Федерации в связи с принятием Федерального закона "О центральном депозитарии"

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RUSSIAN FEDERATION

FEDERAL LAW

About making changes to individual pieces of legislation

The Russian Federation in connection with the adoption of the Federal Law

O Central Depository

Adopted by the State Duma style="mso-spacerun:yes"> 17 November 2011

Approved by the Federation Council style="mso-spacerun:yes"> 29 November 2011

(in the [ [ Federal Law]] of the [ [ Federal Law]]) December 29, 2012 N 282-FZ-

Russian Law Assembly, 2012, N 53, st.

7607; Federal of the Law of 29 June 2015 N 210-FZ-Assembly

Russian legislation, 2015, 4001)

Article 1

To be included in the Federal Act of December 26, 1995 style="mso-spacerun:yes"> N 208-FZ

"About joint-stock companies"

Federation, 1996, N 1, st. 1; 2001, N 33, st. 3423; 2002, N 45,

4436; 2004, N 15, st. 1343; 2006, N 1, st. 5; N 2, est. 172;

N31, article 3445; 2007, N 31, st. 4016; 2009, N 29, st. 3642; 2011,

N1, st. 21) the following changes:

1) in paragraph 3 of Article 29  fourth clause

exclude;

2) in article 40, paragraph 2, third sentence, delete;

3) in article 42:

(a) in the paragraph of the second 1 clause

Words ", if does not provide Federal

;

b) in second paragraph 4, second sentence, delete;

4) ( 4) The style="mso-spacerun:yes"> was invalid under the Federal Act

December 29, 2012. N 282-FZ-Legislative Assembly Russian

Federation, 2012, N 53, sect. 7607)

5) ( 5) The style="mso-spacerun:yes"> was invalid under the Federal Act

June 29, 2015 N 210-FZ-  Russian Law Collection

Federation, 2015, N 27, st. 4001)

6) (Point 6) The style="mso-spacerun:yes"> was invalid under the Federal Act

June 29, 2015 N 210-FZ-  Russian Law Collection

Federation, 2015, N 27, st. 4001)

7) Article 51, paragraph 2, to be void.

Article 2

Commit to Federal Law from April 22 1996 N 39-FZ

About the Securities Market style="mso-spacerun:yes"> ( Russian law

Federation, 1996, N 17, st. 1918; 2001, N 33, sect. 3424; 2002, N 52,

s 5141; 2004, N 27, st. 2711; N 31, sect. 3225; 2005, N 11,

900; N 25, st. 2426; 2006, N 1, st. 5; N 2, st. 172; N 17,

1780; 2007, N 1, st. 45; N 41, est. 4845; N 50, sect. 6247, 6249;

2008, N 44, st. 4982; 2009, N 18, sect. 2154; N 48, sect. 5731; 2010,

N17, st. 1988; N 31, sect. 4193; N 41, sect. 5193; 2011, N 7, sect. 905;

N23, st. 3262; N 29, st. 4291), as follows:

1) in the eleventh article  2 "

registry 'replace' in registry ';

2) Article 5:

(a) add a tenth of the following:

" The manager must perform security accounting, that are

object of trust    control, for each

trust management. ";

b) add a subset of the eleventh content to read:

" Control of its all all access

fixed security, object Trust

. by the   trust can

set limit on the right to vote. ";

in) add to Part 12:

" Manager if voting rights for specified securities Not

limited to by the    Management trust

statutory responsibilities, related to ownership valuable

trust management papers. ";

g) add the following part of the thirteenth content:

" If with management trust

not empowered style="mso-spacerun:yes"> in general

Meeting of Securities Owners, including in the general meeting

shareholders, general investment fund owners, in general

meeting of mortgage owners style="mso-spacerun:yes"> certificates of participation, it is required

provide information about style="mso-spacerun:yes"> a founding control for composing

list of individuals eligible to participate in the overall owner collections

securities. ";

d) add the following to the fourteenth content:

" Manager right  yourself to access the court with any

claims for with  control

securities, including claims, right of presentation that

in matches with Russian legislation

provided to shareholders or other owners of securities. For

control's in implementation of  

governance style="mso-spacerun:yes"> legal costs,

including state duty, paid by the manager for the account

property that is a trust management object. ";

3) in article 7:

(a) Part 2 should read:

Professional securities market participant,

depositary activity,  Depot named Depository.

Calculatorg Calculme

trading by organizers

trade and (or) with organizations that

these transactions are called the settlement depot. ";

b) Part five to read as follows:

" Negotiation of a depositary treaty does not entail navigation

to the property depositary for the security of the deponent.  If

other is not style="mso-spacerun:yes"> federal laws

is not style="mso-spacerun:yes"> security

as a [ [ If is otherwise style="mso-spacerun:yes">

is provided by a depositary treaty, depositaries free to refuse

decommisation of paper from theaccount

accounting for rights to security, and credit securities in such an account

in if there is a debt payment

depository. Depository is not  condition conclusion

depository of the contract with the exponent of last at least

one of the rights, assigned securities. style="mso-spacerun:yes"> Depositary

responsibility for security the certificates deposited with him

securities. ";

in) part of the thirteenth to add to the next

content: " In this is required to

by law    Russian Federation and

depositary contract with action from directed

get   of all of all payments

is due for these securities. ";

4) in article 8:

(a) in paragraph 1:

The first paragraph to read:

" 1. Register-owned Securities

recognizes collection, commit, processing, storage of data

registry of owners of security ,  and provide information from

security registry. ";

The fourth paragraph should read:

The Registrar is not style="mso-spacerun:yes"> make with a security

The

issuer whose registry owners lead. ";

fifth paragraph:

" Security Inventory (hereinafter referred to as the registry)- Generated

on defined style="mso-spacerun:yes"> times the person records system

open accounts (hereinafter registered persons), records o

valuable papers, taken into account style="mso-spacerun:yes"> accounts,

burdens of securities and other records in matches  

Russian legislation. ";

The sixth paragraph should read:

" Registry Holder    performs activity in

compliance with federal laws, regulations

Federal executive branch of the securities market,  a

also with rules registry must approve

registry holder. Requirements for the specified rules are installed

Federal executive branch of the securities market. ";

The seventh paragraph should read:

" For security on the bearer registry is not maintained. ";

eighth paragraph is void;

ninth paragraph should read

" Registered faces   must honor

rules for maintaining the registry requirements for providing information  and

registry-holder documents. ";

(Paragraph is no-valid based on  The Federal Act of

June 2015 g. N 210-FZ - Law of the Russian

Federation, 2015, N 27, st. 4001)

(Paragraph is no-valid based on  The Federal Act of

June 2015 g. N 210-FZ - Law of the Russian

Federation, 2015, N 27, st. 4001)

b) Paragraph 2 should be declared invalid;

in) Paragraph 3 should be redrafted to read:

3. The registry holder is on a specific date list

who carries out securities that contains:

Information about owners style="mso-spacerun:yes"> pieces of paper, and others

which according to federal laws are implemented by rights

securities;

quantities of style="mso-spacerun:yes"> pieces of individuals

included in the specified list, as well as other information according to

with requirements set by federal laws and regulations

legal acts of the federal executive branch on the market

security.

  control is added to the list of people

rights by pieces of paper, if on 

provided by control

Person who has a deposit account (deposit account) account

deco), is included in the list of persons entitled to receive revenues

and other security payments.

In the case of writing style="mso-spacerun:yes"> list of

securities, for rights, valuable

papers, in volume number individuals of rights  get

dividend, list of faces the right to participate in the general assembly

shareholders, general investment fund owners, in general

Meeting of Mortgage Certificate Owners,  Remuneration

The

registry holder must not exceed its cost. In

remaining cases style="mso-spacerun:yes"> contract

registry-holder with issuer (person with securities).

The registrant has the right to charge

fee for to perform the operations in in the registry, in   number  

provide information from registry  (also -

operation in the registry). The registry holder is not entitled to charge in

percentage of style="mso-spacerun:yes"> in

registry operation is performed.

Maximum payment,    recharged by

registered faces conducting an operation in the registry, , and (or)

order of the by the body

Executive by stock market. Registry Holder

amends owners of style="mso-spacerun:yes"> and other individuals    in

compliance with federal The laws exercise the rights of value

papers, losses,   

(Idle) Registry Holder.

Register holder for three business days, if different time

not provided by by federal normative legal

acts of the federal executive branch style="mso-spacerun:yes"> marketplace

paper, executing registered person order

operation in registry or days  with   dates

representing for this order is denied operations

in registry.

The registry holder is required to style="mso-spacerun:yes"> requirement

person to provide from  registry

three workers days. from the registry must contain

regulatory legal 

Executive by stock market information on date,

specified on this statement.

When placing a security statement from the registry granted

free owner of the security.

The registry holder is under style="mso-spacerun:yes"> responsibility for and

validity of information provided from the registry, in the volume

details, of the in the extract from the registry for the front account

registered of the face.    Registry Holder

responsibilities in style="mso-spacerun:yes"> to provide information from the registry for

registry period by previous registry holder, if

information matches   data returned from of the previous

registry holder on transfer of the specified registry.

The registry holder is responsible for:

open the front and other accounts  in in the registry in

requirements of of this Federal Law and Regulatory Legal

acts of the federal executive style="mso-spacerun:yes"> value

paper;

perform operations in order only

registered faces, if is not set to

laws and normative style="mso-spacerun:yes"> Federal authority

executive securities market;

provide registered  Face,

which is taken into account style="mso-spacerun:yes"> 1 percent of the issuer's voting shares,

information from the registry name  (name) registered

and style="mso-spacerun:yes"> categories (each type),

counted on their personal accounts;

inform registered   requirement

rights, -pinned style="mso-spacerun:yes"> paper, , and

exercising these rights;

To compile a list of persons who are entitled to paper,

Request of the issuer is or other persons in cases

federal laws.

Registry Holder style="mso-spacerun:yes"> in the registry, related to

to orders

registered about the transfer securities or based on

other documents that are with

Russian Federation is a for navigation to

securities, a at on 

issuer of the valuable paper, if not otherwise

federal laws and regulations  Federal

Securities Market Authority.

Requirements for the content of the operations in

registry is set to executive body

Securities Market.

The registry holder is not style="mso-spacerun:yes"> has the right additional

requirement when performing an operation in the registry, in addition to Installed

true Federal by law style="mso-spacerun:yes"> and legal legal

Federal executive branch of the security market.

For termination style="mso-spacerun:yes"> register registrar

passes to the specified issuer style="mso-spacerun:yes"> registrar or if

last can be a registry holder,  inventory, written to

end of contracts, and documents related

registry. List of the specified documents, , and timing

Registry and documents are installed

regulatory legal acts of Federal Executive Body

securities market authorities

If there is , the issuer

(provides information about in order, installed

The

federal executive branch of the security market.

All statements, issued style="mso-spacerun:yes"> of the registry

registry to another registry holder invalid.

Registry holder after  the registry transfer to the holder

registry provides information and documents related to them

this registry, issuer (person bound by the security) by

requirement, Federal  the executive body by market

securities, courts and tribunals (judges), if

consent of the    The body of the body

preliminary investigation of cases in their production

a also style="mso-spacerun:yes"> inner cases when they perform functions on

detection, warning and in

economics

Failure or failure by in the registry of 

may be, except 

laws and normative style="mso-spacerun:yes"> Federal authority

{ \cs6\f1\cf6\lang1024

}Securities Market{ \cs6\f1\cf6\lang1024

}

Issuer, sponsoring  registrar's registry, to the right

perform parts of style="mso-spacerun:yes"> logger,

Article 8-1 of this Federal  of the law,

The

issuer of securities, if provides for

registry. In this case, the issuer must comply requirements

5 style="mso-spacerun:yes"> 8-1 of this Federal

duration of the operation in the registry style="mso-spacerun:yes"> for in

Operation in the registry begins with

issuer of for in the registry, for

exception cases,  by regulatory legal acts

Federal executive body on the securities market. ";

5) add the following content to Article 8-1:

" Article 8-1. Transfer agents

1. Recorder has the right to draw to execute a part of its

functions, of the  the Federal by law, other

registrars, depositaries, and brokers (hereinafter transfer agents)

2. Transfer agents act on behalf of and for the logger's account

for of the agent

with the registrar as well as the power of attorney given to them.

3. Activities Transfered

must specify, that they are 

registrar, and also all stakeholders

power of attorney issued by this logger.

4. and and  power of attorney,

transfer agents to the right:

1) accept documents,  necessary for operations in

registry;

2) pass  and other

personal accounts, notifications, and other information from the registry,

supplied by the registrar.

5. Transagents are required:

1) take measures style="mso-spacerun:yes"> for identifying the person, of the document,

required for registry operations;

2) enable style="mso-spacerun:yes"> registrar

documentation on its request;

3) Comply with the confidentiality of information received in associations

with transfer agent functions;

4) exercise authority over persons, acting on behalf

registered faces;

5) certify style="mso-spacerun:yes"> in order,

provided by the federal executive authority 

securities;

6) observe other requirements, regulatory

legal acts of the federal executive branch on the market

security.

6. The duration of in the registry of the registry for

refusing to perform a registry operation) starts at the time of receipt

transfer agent to perform operation in the registry.

7. Recorder and transfer-agent to interaction

friend with Other and documents in

electronic form. ";

6) add the following article 8-2:

" Article 8-2. Accounts opened by depositaries and holders

registry

1. To take account of the rights on the and the depositaries

registry can open the accounts

depot:

1) owner account;

2) the trust account

3) account-holder account

4) escrow account

5 treasury account (person, of the required value

papers);

6) Other accounts provided by federal laws.

2. The depositaries of can also

open the following accounts:

1 account for the foreign nominal holder;

2) Dept of Foreign Authorized Holder;

3) account depot.

3. For , rights on securities, registry holders also

can open the front account of nominal  of the holder of the central

depository.

4. Depositaries and registry holders can open and

accounts that are not intended to account for security rights, in

Volume, Charge Account and Unidentified Persons.

5. How to open and maintain personal accounts (billing accounts), a

Also Other defines the legal by

Federal executive branch of the security market.

6. (the account of the owner's account) style="mso-spacerun:yes"> paper

takes account of property rights and other proprietary rights to valuable

paper.

7. By the front account (Depo) of the trustee

takes into account the rights of the manager in  Relation of Securities,

in trust.

8. Front (account ) of the nominal the holder

implemented accounting rights style="mso-spacerun:yes"> on for which

Depository (nominee) not is owners of and

takes them into account for the benefit of its depositors.

9. Escrow ("Escrow") account style="mso-spacerun:yes"> depo)

implemented accounting rights style="mso-spacerun:yes"> on securities, transferred to a deposit

notary or court.

10. On the Treasury account (treasury account)

issuer (person, of the required securities) is administered by

Issuer (faces, obligation for securities) on the released

(issued) securities.

11. The rights of persons with respect to securities

enforcing obligations to such individuals, style="mso-spacerun:yes"> also

counting other charges style="mso-spacerun:yes"> a security is done by committing

appropriate record for the front account  ( deco) of the owner

these Securities, (deo) trust account

control, foreign account holder account.

12. The rules, of of this  articles,

may not apply if depot (registry holder)

is a person, style="mso-spacerun:yes"> commitments to

provided with securities. In this case, for

security, with the exception   Bail, Conclusion

corresponding contract. (Paragraph 20, third loses power with 1

July 2016, according to the Federal Law of June 29, 2015 

N 210-FZ-Assembly of Russian legislation, 2015, N

27, Text 4001)

13. Attaching arrest and handling the security penalty,

rights to be accounted for in the front account (deo account)

may be only on the front account (deo account) of the owner valuable

paper.

14. To Depository Relations with Foreign Persons, Related

with discovery, , , and Depot

applies Russian legislation. ";

7) add the following content to Article 8-3:

" Article 8-3. Nominal security holder

1. The nominal holder of the - depositary,

front account style="mso-spacerun:yes"> ] that includes the rights to valuable

other people's papers.

2. Opening to the front Account Holder's Depository

registry cannot be determined by the existence of a depositary contract

between the depot and its client.

3. In cases, of the federal laws,

nominal by the asset holder style="mso-spacerun:yes"> in the registry can only be

central depot.

4. The nominal holder of is right to

valuable paper-only style="mso-spacerun:yes">

authority.

5. Moving the right to security between to the  one

nominal holder style="mso-spacerun:yes"> paper does not affect paper

account of the nominal holder's account or account holder's account.

6. The nominal holder of is required by

person to which he has an open account (depo) style="mso-spacerun:yes"> nominal

Securities, to provide to this

specific date list containing information:

1) of its deponents to include in the list of

securities rights, including both founders

trust management, 

control-cases

Part XIII of this Federal

law;

2) of persons to be subject to inclusion in the list of persons carrying out

security rights received by a nominal holder from their

components;

3) on the number of security,  belonging to persons included

to list;

4) other information as required installed

federal laws and regulations  Federal

Securities Market Authority.

7. In addition to the list, given in 6 

Articles, nominal   provides

nominal holders, of foreign nominal holders,

information to be included in the list, as well

valuable paper, of posted papers style="mso-spacerun:yes">

unidentified persons.

8. The has the right to require views

6 6 style="mso-spacerun:yes"> s condition

of the corresponding  requirements by the registry holder

base of issuer request, a if the registry holder is

issuer-based on its request, a  Other cases

federal laws.

9. List of all owners of securities and other persons

compliance with federal The laws exercise the rights of value

papers, to be submitted to the registry holder during the

days after requirements by the holder

registry.

10. Nominal holder of the repays the part

damages, caused by  the date

decponent of the registry holder, regardless of whether or not

specified front of the depot style="mso-spacerun:yes"> of the

registry. The nominal holder is exempt from reimbursement (losses)

in the case, if style="mso-spacerun:yes"> has

submit information to another depot, whose exponent is it

has become in compliance with a written statement of his or her deponent. ";

(Paragraph 8-16 will cease to be in force since July 1, 2016) a year

on the basis of the Federal Law of June 29 2015 style="mso-spacerun:yes"> N 210-FZ

Assembly Legislation of the Russian Federation, 2015, N 27, st.

4001)

8) to supplement Article 8-4 as follows:

" Article 8-4. Considerations for Securities Accounting

of foreign organizations active in

interests of others

1. The deo- of the foreign of the nominal holder can be

opened foreign organization with place of institution in  states,

specified in of the 1 and 2 2 Articles 51-1 of the present

Federal Act for the benefit of others, if so

organization to the right under its personal law Implement

accounting and the move security   this   is foreign

organizations, which are international central

security accounting systems and/or

paper or in Personal central

depositories and (or) Calculations by

trading on foreign exchanges of or other managed

or clicking of these accounts style="mso-spacerun:yes"> depot

Foreign nominal  can can be only

Central Depot, if

list, of the    article 25 of the Federal Law

"About Central Depository"

2. Foreign nominal holder of securities

right by valuable style="mso-spacerun:yes"> in gets the name

corresponding authority.

3. Foreign Authorized Holder account can be

open of the foreign organization with the place of the institution in States,

1 and 2 51-1

Federal Act, if such an organization is personal

to the right, without being the owner of securities, to implement

of its name and in others any legal and

actual security actions and rights

with Securities. Foreign delegate

papers exercise rights fixed by security.

4. Issued securities of the Russian issuer,

and (or) organization limits

Federation is  by the location according to

Foreign right style="mso-spacerun:yes"> issuers

rights in the Securities

Russian issuers,  count on by the depot account

programs. A depot depot can be deactivated only

in a Russian depot, opened by the details

Holder in Central Depository.

5. On the security, learts the rights to which is

account of the foreign nominal holder, in

foreign delegate of the holder,  Depot Depot

programs, not can be revered Recovery of obligations of persons,

which open the specified accounts.

6. Foreign holder must provide

information about style="mso-spacerun:yes"> and faces

rights by Securities posted in the Depot Account

foreign nominal holder, in cases, order and terms,

which includes   federal and laws

legal acts of the federal executive branch on the market

securities for nominal holders.

7. The person of which the account of the depositors is open  software,

implements right on the participation in general Shareholders Meeting

shares whose rights are certified by valuable paper

foreign issuer, owned by owners,

vote in a certain way at the general meeting of shareholders. style="mso-spacerun:yes"> In

this right to participate in the general meeting only

Terms of Reference for Russian Issuer Information about

owners of security style="mso-spacerun:yes"> instruction foreign with

number of shares, for which the rights are certified valuable

papers of the foreign issuer that belong to each of them.

8. list of people who have style="mso-spacerun:yes"> dividends,

payment by shares, in

authenticate with the foreign issuer, includes

opened by style="mso-spacerun:yes"> depot account.

dividend payout is made to the person of which the depot

depository programs, only shares, rights in relation that

are certified by a foreign issuer, information about

owners of of which  provided by to the issuer of the shares in accordance with

point 7 of this article.

9. Requirements for the order in which the is open

account for depot programs, owners of

Shares of Foreign Issuer Certifying

Russian issuer, as well as the number of its own valuable

of the foreign issuer is set by regulatory Legal

acts of the federal executive branch style="mso-spacerun:yes"> marketplace

paper.

10. Foreign nominal the holder is required

at of which style="mso-spacerun:yes"> a foreign nominal account

security holder, introduce  this

specified date list, about

securities rights, , and  quantity

securities, belonging to these individuals. (Paragraph 12 is lost

power from July 1, 2016, based on Federal Act of June 29

2015. N 210-FZ- Russian National Assembly (Russian Federation)

2015, N 27, st. 4001)

11. Foreign face holder, foreign

authorized holder    must provide information

about paper, faces, in

which the foreign authorized holder is implementing ownership

securities, on demand of issuer, ships, arbitration Courts

(judges), of the federal executive branch of the market valuable

paper, and subject to the consent of the head of the investigating body style="mso-spacerun:yes"> -

for Requirements preliminary cases

in their production, as well as the internal affairs agencies style="mso-spacerun:yes"> in

their detection, warning, and suppression functions

economic crime. The issuer is entitled to the require

granting specified  information, if is required

compliance with Russian legislation requirements

12. Securities Owners, faces by

securities, and faces in whose ownership

valuable by foreign authorized holder, cannot

obstruct the provision of information, of the style="mso-spacerun:yes">

11 of this article.

(Paragraph 15 is lost style="mso-spacerun:yes"> on the Federal

Act of December 29, 2012 N 282-FZ- legislation

Russian Federation, 2012, N 53, est. 7607)

14. Russian Issuer for Courts, Arbitration Courts

(judges), of the federal executive branch of the market valuable

paper, and subject to the consent of the head of the investigating body style="mso-spacerun:yes"> -

for Requirements preliminary cases

in their production, as well as the internal affairs agencies style="mso-spacerun:yes"> in

their detection, warning, and suppression functions

crimes must present a list of owners

valuable foreign papers style="mso-spacerun:yes"> issuer, permissions

relation of the Russian issuer, including

number of owned of this foreign

issuer, generated in 13

articles.

15. Depositary, opening the account of a foreign nominal

holder, the account of the Foreign of an authorized holder or

account for deposit  , must notify federal

executive executive style="mso-spacerun:yes"> security on the violation

faces that have the appropriate  the depot, requirements,

items installed by this article.

16. Federal Executive Body on

right Extend style="mso-spacerun:yes"> foreign to the holder,

foreign authorized holder or person, to which is open

account for the Depository programs, to resolve

violation of requirements, of this article,

non-default - or restrict to six

months of all or individual operations to appropriate

deco accounts. ";

9) add the following addition to Article 8-5:

" Article 8-5. Corrections to personal accounts

(s)

1. The registry of the logger and   conditions

of the depositary   The Depot activity

define time (moments) style="mso-spacerun:yes"> time in work day,

which has instructions for operations in the registry

can be revoked or modified.

2. accounts ( depot account),

includes rights to securities, since they were introduced are

final, is or  is canceled

registrar or depositary, except if like

record was entered without an order (control) of the person of which style="mso-spacerun:yes"> open

front account (account), or no other document,

base for the operation in  a registry, , or with a violation

conditions, containing in the such an order or other

document (entry for which correction is allowed).

3. Recorder or to the right in style="mso-spacerun:yes"> detect

error in writing, patch  with before

working of the day, of the next the day of making such a record, , and

condition, that the person is open personal account ( depot), not

sent report style="mso-spacerun:yes"> of the operation or statement

account ( depot), reflective data,

correctional records by related (accounts),

required to resolve the error.

4. in in entries, patch

allowed, in cases, paragraph 3 of this

article, logger or depot may make corrections

records necessary to correct the problem only with the consent faces,

of the front style="mso-spacerun:yes"> ( deo), , or other person,

assignment or request for which corrections can be 

is in accordance with federal laws or a contract.

5. Person to whom the Front Account (debit account) for

on valuable paper, must return pieces of paper

unreasonably acquired from in

such an account, or the securities to which they were converted,

a also to submit style="mso-spacerun:yes"> and compensate losses style="mso-spacerun:yes"> in

compliance with Russian civil law Federation.

With this nominal the must be sensitive to

credited on its front account (the deo account) of the security on account

unidentified persons and must return the specified security or

securities, to which they are converted, to the front account (Account)

depo) of the person from whom they were written, no later than one worker

days since the receipt of the relevant reporting documents.

6. { \b } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024   

nominal of the  The central of the depot is implemented in

order, of the  Federal Law " O Central

.

7. The number of securities, of the registry-holder

personal accounts of registered persons and accounts of unidentified persons,

must be equal to the same number of allocated and non-

out of securities.

8. The amount of stock, of the Depository

debit and accounts

unidentified persons, must equal the number of the same

papers, accounted for on ( deo) accounts

opened with this  The depositary, , and accounts, open

Foreign organization,  that implement permissions

papers as person acting on behalf of others.

9. Reconciliation Match Securities count

7 and 8 of this article, must

implement by the  the registry and the repository of each worker

day.

10. of the violation of the requirements of paragraph 8 of this Article

depot not later than day,  next day,

violation was was or should have been identified,

is required to notify the federal executive authority of

Securities style="mso-spacerun:yes"> and to fix the violation is in order,

provided for the implementation of by the depositary development style="mso-spacerun:yes"> activities

Depot in the requirements of this Federal

law

11. In if the quantity of paper, counted

Depot on right-to-rights accounts

securities and accounts of unidentified persons, more number

same security reported on the front  accounts

nominal of the holder,  This this is this

exposed to him by a foreign organization at

valuable paper, as person, in effect in in

depositaries must:

1) write off in order,  under the conditions of implementation

depositary activity,   invoices

takes note of rights to securities, and accounts Uninstalled

persons with a quantity equal to the total quantity

such securities on his personal accounts (debit accounts)

and accounts, an organization

rights-to-security accounting, as a person acting in

interests of other persons not exceeding one working day with

days, when the specified excess was detected or should have been to be

identified. This will make the entries deposited with the depot open

accounts for and the account unknown Persons with respect to securities,

which has been exceeded, from the day,  when is exceeded

paper was identified by or should have been identified, to the moment

write-offs in compliance 

is allowed, except for entries made for implementation

write-offs;

2) its to ensure the enlistment

paper to debit and account of unknown  with

accomplished write-off of valuable paper according to sub-paragraph 1

true point, in pieces of paper written off

appropriate accounts, , or

damages in order and conditions, that are provided depositary

contract. This is the length of such time enrollments determined by conditions

of the depositary  with requests

Regulatory Legal Acts style="mso-spacerun:yes"> federal executive

securities market authorities

12. of the enlistment paper,

( 2) style="mso-spacerun:yes"> 11

depositors must compensate the depositors for appropriate losses. 

case, if specified in paragraph 11 of this article mismatch

valuable paper caused by Registry Holder Actions

or of another depot, depot, duty,

covered by this article, has a right to a callback

(regress) to corresponding repaid

loss depositary, including costs incurred by the depositary at

performance, of the  2 ( )

real of the article.   The Depot

responsibilities of  2 11 of this

Articles, If the security was caused by actions other

Depository

style="mso-spacerun:yes">

valuable paper, as person, in effect

The

decongor (client) of which it has been made according to  written

an indication of its deponent. ";

10) add the following article 8-6:

" Article 8-6. Ensuring confidentiality of information

registry holders and depositaries

1. The and depositors of the registry are required by  ensure

Privacy of information about the to which the front is open account

(the deo account), , and information about the account, including operations by

.

2. The information referred to in paragraph 1 of this article may be

provided only to the person, 

deco), , or its representative, a Other persons in accordance with

federal laws. The Depositary has the right to have written style="mso-spacerun:yes">

to provide information to other individuals about the deponent,  a

also about the operation of his account.

3. Information, specified in of paragraph of this article,  can

provided by with the  to the specified by the depositary

contract, in prescribed cases.

4. The information referred to in paragraph 1 of this article may be

also provided to the courts of and to the vessels (judges)

Federal executive branch of the securities market,  a

The presence of style="mso-spacerun:yes"> head of investigation body-organs

preliminary investigation of cases in their production

a also style="mso-spacerun:yes"> inner cases when they perform functions on

detection, warning and in

economics

5. Information about person open of the front account style="mso-spacerun:yes"> (Account

depot , also style="mso-spacerun:yes"> style="mso-spacerun:yes">

issuer on specified face account (deo account) can be also

issuer, if required for

Russian legislation requirements

6. of the violation by the or deposited with

requirements of this article for the person whose rights are style="mso-spacerun:yes"> violated, to the right

require from of the corresponding registry or depositary

damages.

7. The registry holder and are responsible for

violation of of this  articles in order, installed

Russian legislation. ";

11) add the following article 14-1:

" Article 14-1. Tender Tendering Considerations

individual security

1. Bearer Bearer with Required Centralized

storage allowed to organized  < > , condition,

centralized stores such bonds central

depository. The specified rule is not  will be propagated to

organized trading  bonds with mandatory central

storage during their placement, if the conditions are

bonds are not allowed to be accessed.

2. Investment of and Mortgage   

organized by style="mso-spoacerun:yes"> if in rules

trust management   the investment investment or

rules of of trust    mortgage management

provided for  such on

organized trades. ";

12) in article 16:

(a) Part 5 of the sentence  The following content:

" In registration of the Mandatory

centralized storage   such valuable pieces

mandatory central    in central

depositories. ";

b) Part 9:

add a new paragraph to the sixth paragraph to read:

" if Russian securities are accounted for issuer,

hosting and (or) the organization of which is intended

Russian   The federation in

with foreign the right Foreign

issuers, certifying rights for security

account depot account opened; ";

Paragraph sixth read paragraph and    in

next revision:

" if other Requirements, set by

Federal Act and other federal laws. ";

13) in article 27, paragraph 7, of the words " rights to which take into account

in of the registry or in  depositaries, "

exclude;

14) in article 28:

(a) in parts of the of the system   registry    -"

exclude;

b) in the third word "to the maintenance system" to replace the words

"to maintenance";

15) in article 29:

(a) in the third part of the word " in the maintenance system

registry 'replace' in registry ';

b) Part eight is no more effective;

16) add paragraph 4 of Article 44 to the following paragraph Content:

" repeatedly infractions in one

professional members of  market

activity or operations, implementation (conducting)

allowed in federal requirements

laws only on based on a professional participant's license

market of securities style="mso-spacerun:yes"> the implementation of   

agent-agent, function  The agent's counter

to issue, redeem and exchange investment ploys, to make a decision on

suspensions or licenses

professional  on the market

paper; '.

Article 3

Commit to the Federal Act style="mso-spacerun:yes"> from 26 October 2002 N 127-FZ

"About insolvency (bankruptcy)"   (Legislative Assembly

Russian Federation, 2002, N 43, , st. 4190; 2005, N 1, st. 18;

2009, N 1, st. 4; 2010, N 17, st. 1988;  2011, N7, st. 905)

changes:

1) in the third paragraph of Article 133 of the word " and special

brokerage professional accounts securities market participant,

implementing broker   activity " replace with

" special broker broker accounts style="mso-spacerun:yes"> professional market participant

securities deposit;

2) Paragraph first 3 Articles 185-5 set out the following

revision:

3. If multiple customers

special brokeraccount, special deposit account, account

depo of the nominal holder, account foreign nominal

or Front account  open to the nominal holder in

security registry, and these assets are not sufficient for

satisfaction in full size of  All

their property, this property is passed in quantity,

proportional to the size of the specified requirements. ";

3) Article 185-6, paragraph 4, should read:

" 4. If the property of multiple clients is combined

one

bank account, the demo-holder, Depot

Foreign nominee or  Front account, open

nominal holder in the security registry, , and like

properties not sufficient for full

submission of the all of their property,

property is passed to the number, proportional to

specified requirements. ".

Article 4

Commit to the Federal Act style="mso-spacerun:yes"> 2007 N 229-FZ

About executive production    (Legislative Assembly

Russian Federation, 2007, N 41, Art. 4849; 2009, No. 29, sect. 3642)

changes:

1) Part 3 of Article 73-1 should read:

3. The of the front 

( depot) owner of the Not Allowed for write-off

valuable papers, taken into account style="mso-spacerun:yes"> accounts ( )

nominal holder or other accounts. ";

2) Part 1 of Article 82 should read:

" 1. The arrest of on document securities are placed in place

their presence. Arresting on paperless securities style="mso-spacerun:yes"> is imposed

on Front owners of style="mso-spacerun:yes"> Not

arrested on  undocumented pieces of paper,

expunes on the front account (s) of nominal the holder

or other accounts. ".

Article 5

Paragraph 2 of Article 2 of the Federal Law of 5 January

2006 N 7- " changes in  Federal   law

About joint-stock companies and some other legislative  acts

Russian Federation   (Meeting of Russian legislation

Federation, 2006, N 2, st. (172) be declared invalid.

Article 6

1. One year from 1 July enrollment 

account depo style="mso-spacerun:yes">

Parts 2 and 3 Articles 24 of the Federal

"About Central Depot",  is allowed under of the opening

face-face central depot

registers of such security.

2. Enrollup on on foreign   Rated

securities holder, not provided for in parts 2 and 3 of the article 24

Federal O  Depot central

1 January 2013.

3. Within one year from the assignment of to the legal person

status of central  The Depot Depot with Federal

The Central Depository Law, but not earlier than 1 January 2013

before the January 1, 2013 open accounts (accounts

deco, that take into account emissive securities for the Russian

issuers, rights in authenticated

foreign  issuers, must perform the action,

required for enlistment style="mso-spacerun:yes"> specified of Russian

issuers to account depot programs.

4. Within six months from the date of entry into force of the present

Federal Law of the Face, on the Front Account (es) style="mso-spacerun:yes">

rights to securities, transferred to the deposit notary

or court, must perform actions,  required for enrollments

specified securities in the Escrow account (deposit account) account

depotor to make appropriate changes to the front account

(children's accounts).

5. Within six months from the date of entry into force of the present

Federal issuers style="mso-spacerun:yes"> on

(debit) that account for the rights of issued by valuable

papers, committed to style="mso-spacerun:yes"> actions, required for enrollment

specified securities style="mso-spacerun:yes"> the treasury tab account

(treasury account ) or for matching

changes to the front account (s).

6. Within six months from the date of entry into force of the present

Federal of the law  Shareholdings in

hosting and (or) shares are obligated to disclose information

according to Article 30 of the Federal Law of April 22  1996

Year N 39 -FZ "About Securities" should be wrap

corresponding contract with if

joint-stock company on the

The Federal was owners of owners

shares.

7. Effect of article 14, paragraph 1, of the Federal Law

from 22 April 1996 N 39-FZ " O securities market " (Rev. 1)

true federal law) applies to legal relations,

assignments after the legal person of the status of the central

depositary according to Federal  by the law " O

.

8. The Federal Law of the Federal style="mso-spacerun:yes"> from

22 April 1996 style="mso-spacerun:yes"> n 39-FZ "About the security market" (edited

true Federal Law) is used by

years with days style="mso-spacerun:yes"> assigning a legal to the status of the central

depositary according to Federal  by the law " O

.

9. Part Part 16 style="mso-spacerun:yes"> Federal

law of 22 April 1996 N 39-FZ "About the securities market" (in

revision of this Federal law) 

bonds, posted to a legal assignment

central depository.

Article 7

1. This Federal Law takes effect from 1 July

, for except positions for of this article

has a different due date.

2. Paragraph 3 (a) and article 1, paragraph 4, paragraph 13

paragraph 6, paragraphs 6, ninth and tenth, paragraph 8, subparagraph (b)

paragraph 12 of Article 2 of this Federal Law comes into force with

1 January 2013.

President of the Russian Federation style="mso-spacerun:yes"> Dmitry Medvedev

Moscow, Kremlin

7 December 2011

N 415 FZ