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. Last Updated: 07/27/2016

New Securities Licenses

MOSCOW () -- The Federal Securities Commission, Russia's securities market watchdog, announced Monday that it is awarding a first batch of six licenses to Russian depository organizations.

Under the law "On the Securities Market," passed earlier this year, the Commission was given the authority to grant licenses to organizations for holding securities.

The six licensees are: Primorsky Central Depository (Vladivostok), Regional Depository Center (Yekaterinburg), Settlement-depository Organization (Novosibirsk), Depository-Clearing Co. (Moscow), Depository-Settlement Union (Moscow) and St. Petersburg Settlement-depository Center.