Update: Securities subject to sanctions against Russia
Note: This announcement has been superseded by A22074.
This announcement originally published on 19 April 2020 has been updated to include information about other securities. The changes have been highlighted.
This Announcement supersedes Announcement A22038. The Announcement about Depository Receipts A22064 remains in place.
Clearstream Banking1 would like to provide customers with further information on the handling of specific securities linked to Russian companies. This announcement supersedes Announcement A22038 for the ISINs listed below. Nevertheless the procedures published for Depository Receipts A22064 remain in place.
Clearstream Banking reminds customers of the requirement to comply, and ensure compliance by any of the customer’s underlying clients, with any applicable sanctions, including those of the EU, United States and the United Kingdom.
Customers should be aware of the different scenarios mentioned below and take note that the situation is evolving and can change at any time.
Russian-related securities eligible for settlement until close of business on Monday, 16 May 2022 – GL9C compliant
Clearstream Banking refers to the E.O. 14024 - General License 9C and any successor issued by the U.S. Government on 7 April 2022.
When instructing the receipt, with or without payment, or the delivery to the domestic market of any of securities listed in the table below, Clearstream Banking customers must provide a representation of sanctions compliance in the narrative field of their instruction (for example, field :70E::SPRO// of the MT54x instruction) or in a separate authenticated message (for example, MT599) referencing the Transaction Reference to allow reconciliation of the representation back to the instruction.
The required sanctions representation wording is as follows: “SPRO//EO14024COMP”
Note: Whenever providing the above wording, the customer is attesting that the transaction would not result in a violation of U.S. sanctions and complies with the related general licenses. The transaction represents a divestment or transfer of, or facilitation of divestment or transfer of, debt or equity covered under GL9C or its most recent successor (“covered debt or equity”) to a non-U.S. person in compliance with General License 9C, or its most recent successor, under OFAC’s Russian Harmful Foreign Activities sanctions program.
Instructions without the required sanctions representation may not be able to settle or may experience delays in settlement, including at domestic market level.
Common Code | ISIN code | Security name |
22391925 | US92909MAB63 | USD 6,25 VTB CAP.SA (144A) 05-2035 |
84207985 | US92909MAF77 | USD 6,95 VTB CAP.SA (144A) 12-2022 |
29806730 | US46630Q1031 | GDR VTB BANK OJSC 144A REG |
29806675 | US46630Q2021 | GDR VTB BANK OJSC REGS REG (1DR/2000SHS) |
63495964 | US80585Y3080 | ADR SBERBANK ROSSII REG (1DR/4SHS) |
64475436 | US80585Y3080 | ADR SBERBANK ROSSII REG 1ADR/ASHS |
64927566 | US80585Y3080 | ADR SBERBANK ROSSII BR (1DR/4SHS) |
67740823 | US80585Y4070 | GDR SBERBANK OF RUSSIA 144A REG |
67740238 | US80585Y5069 | GDR SBERBANK OF RUSSIA REGS REG |
Russian-related securities eligible for settlement until close of business on Monday, 16 May 2022
By instructing settlement, customers will be deemed to have made an appropriate determination of compliance with all applicable sanctions, including those of the EU, United States and the United Kingdom.
Common Code | ISIN code | Security name |
22371592 | XS0223715920 | USD 6,25 VTB CAP. S.A.05-2035 |
81059683 | XS0810596832 | USD FL.R VTB EURASIA LTD (REGS MBS) 12-XXXX |
84207853 | XS0842078536 | USD 6,95 VTB CAP.SA (21) 12-2022 |
201004365 | XS2010043656 | USD 8,00 SOVCOM CAPITAL (REGS) 19-2030 |
211396814 | XS2113968148 | USD 7,75 SOVCOM CAPITAL (REGS) 20-XXXX |
229191497 | XS2291914971 | USD 3,40 SOVCOM CAPITAL (REGS) 21-2025 |
239368859 | XS2393688598 | USD 7,60 SOVCOM CAPITAL (REGS/SUB) 21-XXXX |
143345424 | XS1433454243 | USD 5,375 SCF CAPITAL LTD (REGS) 16-2023 |
232555939 | XS2325559396 | USD 3,85 SCF CAPITAL LTD (REGS) 21-2028 |
Russian-related securities eligible for settlement until close of business on Friday, 20 May 2022
By instructing settlement, customers will be deemed to have made an appropriate determination of compliance with all applicable sanctions, including those of the EU, United States and the United Kingdom.
Common Code | ISIN code | Security name |
55991596 | XS0559915961 | USD 6,80 VEB FINANCE LTD (3) 10-2025 |
80081707 | XS0800817073 | USD 5,00 VEB FINANCE LTD 12-2022 |
89321239 | XS0893212398 | EUR 4,032 VEB FINANCE PLC (8) 13-2023 |
99316268 | XS0993162683 | USD 5,942 VEB FINANCE PLC 13-2023 |
8214492 | XS0082144923 | USD 0,00 VNESHECONOMBANK 97-2999 |
Securities no longer eligible for settlement
Common Code | ISIN code | Security name |
25548884 | RU0009062467 | SHS GAZPROM NEFT OJSC ORD REG |
97656410 | LU0976564103 | INE GPB SICAV-EMERGING EUROPE EQ. I USD |
104857345 | LU1048573452 | INE GPB SICAV-RUSSIA FIXED INCOME FD R USD |
104857361 | LU1048573619 | INE GPB SICAV-RUSSIA FIXED INCOME FD I USD |
104857370 | LU1048573700 | INE GPB SICAV-GPB RUSSIA EQ.FD R USD |
104857388 | LU1048573882 | INE GPB SICAV-GPB RUSSIA EQ.FD I USD |
40864709 | RU0006752979 | SHS IRKUT CORPORATION ORD REG |
85184016 | US69360UAC62 | USD 0,00 PSB FINANCE S.A. (144A) 12-2999 |
85167243 | XS0851672435 | USD 0,00 PSB FINANCE S.A. (REGS/7) 12-2999 |
40855165 | RU0006625613 | SHS ROSNEFT-ALTAINEFT ORD REG |
26183472 | RU000A0J2Q06 | SHS ROSNEFT OIL |
101361535 | RU000A0JTYN8 | RUB FLR ROSNEFT |
25548779 | RU0009029540 | SHS SBERBANK OF RUSSIA ORD REG |
25548817 | RU0009029557 | SHS SBERBANK OF RUSSIA ORD REG |
27054340 | RU0009091573 | SHS TRANSNEFT CLS PREF REG |
103658675 | RU000A0JPLZ7 | SHS UNITED AIRCRAFT ORD REG |
94166829 | RU0009046460 | Registered Shs |
56008756 | US91821XAD57 | USD 6,80 VEB FINANCE LTD 10-2025 |
80089562 | US91822CAA62 | USD 6,025 VEB FINANCE LTD (144A) 12-2022 |
99326778 | US91822CAC29 | USD 5,942 VEB FINANCE PLC 13-2023 |
55991596 | XS0559915961 | USD 6,80 VEB FINANCE LTD (3) 10-2025 |
80081707 | XS0800817073 | USD 5,00 VEB FINANCE LTD 12-2022 |
89321239 | XS0893212398 | EUR 4,032 VEB FINANCE PLC (8) 13-2023 |
99316268 | XS0993162683 | USD 5,942 VEB FINANCE PLC 13-2023 |
8214875 | US928564AB98 | USD FL.R VNESHECONOMBK OF THE USSR(144A)97-15 |
8214492 | XS0082144923 | USD 0,00 VNESHECONOMBANK 97-2999 |
106020710 | RU0009100127 | Pref Registered Shs |
33187688 | RU000A0JP5V6 | SHS VTB BANK OJSC ORD REG |
108665629 | CH0248531110 | CHF 5,00 VTB CAP.SA 14-2024 |
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.