There are established the specific features of keeping of the registry of owners of registered securities by their issuers
By the Order
of the Federal Service for Financial Market of Russia N 09-33/pz-n
of August 13, 2009 (document is in Russian), there are established
the specific features of independent keeping of the registry
of owners of registered securities by joint-stock companies.
Operations in the registry shall be made on the grounds of the
internal document - rules of keeping of the registry approved
by the board of directors (supervisory council) of joint-stock
company (or, in accordance with the charter, by executive body).
The Order has established the requirements to composition of
such rules and access to them. Joint-stock companies independently
keeping of the registry have no right to collect payment for
execution of activities concerning to keeping of the registry
(except submission of the list of owners of registered securities
under demand of the person possessing of more then 1% of voting
stocks). Besides the Order has established, that such joint-stock
companies are obliged to submit reporting to territorial bodies
of the Federal Service for Financial Market of Russia annually,
not later than 15 February of the year following after reporting
one, and there is determined the composition of it.
During
6 months from the date of putting of the Order into effect,
the joint-stock companies independently keeping of the registry
of owners of registered securities are obliged to bring their
activity into line with requirements of the Order.
The
Order has been registered in the Ministry of Justice of Russia
by N 15168 of November 3, 2009.
