Boost for Russian Corporate Actions Reform

Legal framework to make corporate actions processing more efficient and centralized approved

Sergey Bernevega, managing director of corporate information, National Settlement Depository

Russian president Vladimir Putin has approved the legal framework of Russia's corporate actions reform.

The amendments to existing law are an important step in the reform program, initiated last year by the country's largest settlements depository as part of a broad initiative aimed at making the country more integrated with, and attractive to, local and foreign investment.

Moscow-based Sergey Bernevega, managing director for corporate information at the National Settlement Depository (NSD), say

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