A special recording procedure for certain securities will be in effect until the end of 2025
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01.08.2025
RULES FOR MAINTAINING THE REGISTER OF BENCHMARK ADMINISTRATORS HAVE BEEN APPROVED
On September 1, 2025, a law concerning financial and commodity benchmarks and their administrators comes into force. Benchmark administrators must be included into a special register. The procedure for maintaining this register has been established.
The register shall be maintained by the Bank of Russia in electronic form. The law defines the information it must contain. Some of details, including such as the name, Primary State Registration Number (OGRN), Taxpayer Identification Number (INN), the administrator’s email address, and the methodology they use, to be published on the regulator’s website.
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