Procedure of operations performance with foreign issuers’ securities Print

 

  1. The depositary institution instructs the CSD to transfer securities to its account using the CSD Information Processing System (IPS). The instruction status in IPS instructions journal is "in processing". 
  2. The Central Depository provides an instruction to transfer securities to its account to correspondent foreign state depository or to an international depositary and settlement institution using the SWIFT system. 
  3. A foreign state depository or an international depositary and settlement institution verifies the counter instructions (an instruction of the Central Depository and an instruction received from the counterparty), and then sends corresponding informational notice on the matching /impossibility of instructions matching to the Central Depositary. 
  4. The Central Depository sends a confirmation of the securities crediting to the account of the depositary institution in the Central Depositary by IPS. The status of the instruction in the IPS instructions journal is being changed to "completed successfully". 
  5. ! We pay your attention to the fact that in accordance with the current legislation of Ukraine, the foreign issuers’ securities are automatically credited to the account of the depositary institution in the Central Depository as being not permitted to circulate on the territory of Ukraine (blocked). 

Such securities may be unblocked after receiving by the Central Depository the NSSMC’s resolution on the permission of the foreign issuer’s securities circulation on the territory of Ukraine.