Entitlement Compensation Rules - Russia
Bonds
| Market compensation basis: | The market provides no automatic compensation. Counterparty must agree on that on bilateral basis. | |
| Automatic Compensation Managed by Local CSD: | Not applicable | |
| Restriction on custody events/transaction types: | Not applicable apart from proxy voting | |
| Additional information: Compensation claiming is not regulated on the market. The market practice is that due entitlements are claimed directly on the counterparties. | ||
| Service offered by CBL: CBL will request its depository to initiate the claims on a case by case basis, depending on the customer request. The service is offered on a "best efforts" basis. | ||
Equities
| Market compensation basis: | The market provides no automatic compensation. Counterparty must agree on that on bilateral basis. | |
| Automatic Compensation Managed by Local CSD: | Not applicable | |
| Restriction on custody events/transaction types: | Not applicable apart from proxy voting | |
| Additional information: Compensation claiming is not regulated on the market. The market practice is that due entitlements are claimed directly on the counterparties. | ||
| Service offered by CBL: CBL will request its depository to initiate the claims on a case by case basis, depending on the customer request. The service is offered on a "best efforts" basis. | ||