Operating mode of the Russian securities market infrastructure in May 2020

AO UniCredit Bank
Summary: 
Operating mode of the Russian securities market infrastructure in May 2020
Thu, 30/04/2020

In order to curb the threat of potential COVID-19 spread in Russia, the non-working period has been extended from May 6, 2020 to May 8, 2020 under the Presidential decree # 294 dated April 28, 2020. All organizations, with the exception of essential public services, shall suspend their activities during these days.

The securities market infrastructure will operate in the same regime as during the week of March 30 – April 30, 2020 (for more information please refer to our Newsflashes dated March 27, 2020, March 30, 2020 and April 03, 2020).

Impact on investors: Investor’s activity in the Russian market shall be adjusted in line with the operating mode of the securities market infrastructure from May 6, 2020 to May 8, 2020 inclusively.