Russia

USD-denominated government debt coupons, which are due for payment today, are the first foreign-currency sovereign income payments to fall due since Russia issued its Presidential Decree on 5 March, notes Fitch Ratings

The European Central Securities Depository Association indicates that its General Meeting on 9 March 2022 will vote to terminate the membership of its Russian member, the National Settlement Depositary

The Bank of Russia has imposed a ban on short selling that came into effect on Thursday 24 February and will remain until further notice

Russia-based Sinara Investment Bank has become a member of the International Swaps and Derivatives Association, a trade organisation of participants in the market for over-the-counter derivatives

The decision will allow professional market participants and their clients more flexibility in funding their operations on MOEX and will facilitate their trading activity

National Clearing Centre (NCC) has been granted Qualified Derivatives Dealer (QDD) status by the US Internal Revenue Service, streamlining income collection for USD-denominated shares listed on MOEX

International banks may become direct clearing members of Moscow Exchange Group’s clearing entity, with NCC launching tax agent service

Holding company plans acquisition of brokerage firms in the European Union and UK to widen its services to Russian and international customers