Please be kindly advised of the following upcoming public holidays in Russia:
Monday, June 11, 2018, non-working day
- 11 June 2018 will be a regular working day for CSD and MOEX with limitations set by CBR.
- No custody services will be provided to clients by AO UniCredit Bank GSS.
Tuesday, June 12, 2018 – Public Holiday
- All Banks, Registrars, Stock Exchanges, CSD will be closed on Tuesday, June 12, 2018 – Russia Day, public holiday.
Consequently, the local T+n settlement cycle will be delayed by two working days. The following schedule will apply to a T+2 settlement cycle:
On 8 June and 9 June AO UniCredit Bank will be open for business and will provide general client services from 09:00 until 16:30 and, respectively, 16:45. On 9 June the applicable securities settlement deadlines will be 16:30 for free of payment settlement and 15:00 for against payment settlement, due to the limitations set in respect of cash processing (all times local). On 11 June AO UniCredit Bank will be closed for business, while this will be a regular working day for CSD and MOEX with limitations set by CBR.
AO UniCredit Bank will resume its activities on Wednesday 13 June, 2018. Settlement cycle T+N will be delayed by two working days.
Impact on investors: The settlement of clients’ instructions during the upcoming public holidays will be executed by GSS AO UniCredit Bank and are subjected to the conditions mentioned above.