Custody Services

Custody

Custody Services

UniCredit Bank GSS Russia

UniCredit Bank Global Securities Services Russia (GSS Russia) successfully serves its clients since 1996.

On April 25, 2003, the Federal Commission on the Securities Markets issued a license for custody activities with no expiration date.

GSS Russia performs custody activities in accordance with «Terms and Conditions of Custody Operations.»

GSS Russia is a unique combination of the experience of the oldest Russian bank (formerly the International Moscow Bank) with foreign participation and the modern European level of services provided by UniCredit Group.

Highly-qualified personnel, state-of-the-art reliable software, broad product range and flexible approach to each client make us one of the leading players in the market.. Our clients are promptly informed about all changes in the market, as membership in various specialized organizations, associations and working groups helps us to adapt to new legislative requirements as soon as possible in an ever-changing environment.

GSS Russia guarantees the most attentive attitude when providing services to its clients. There have been numerous and fundamental legal changes in the market. Those changes impact both trading and post-trading environment and banking operations and mainly relate to the legal/regulatory restrictions imposed on the possibility of disposal/withdrawal of the securities and cash assets and have had substantial impact on operational procedures of all Russian custodians and have caused full non-STP nature of handling securities transactions (each subject to its full scrutiny).

GSS Russia has accounts opened with NSD and Euroclear.

More information on GSS Russia custody services please find on the Group UniCredit GSS web-site.

Hereby AO UniCredit Bank (hereinafter referred to as the Custodian) informs the depositors that in case a trading depo account(s) is (are) opened with the Сustodian, the depositors have the right to transfer securities to their other depo accounts opened with the Custodian or other custodians within the limits of the trading depo accounts` balances and in accordance with the Terms and Conditions of Custody Operations of AO UniCredit Bank, as well as in accordance with the requirements of the legislation of the Russian Federation.