According to Council Regulation No 833/2014 of 31 July 2014 and Council Regulation No 960/2014 of 8 September 2014 (hereinafter the Regulations) European Union (hereinafter EU) introduced sanctions against certain Russian companies by restricting subscription and trading (hereinafter Sanctions) with the securities issued by those companies.
List of companies under sanctions:
It is prohibited to trade (purchase, sell, exchange) or otherwise deal with securities (shares, bonds, etc.) and money-market instruments with a maturity exceeding:
90 days, issued after 1 August 2014 to 12. September 2014 or
30 days, issued after 12 September 2014
by those companies, their subsidiaries established outside the EU and those entities acting on behalf of abovementioned companies.
Before submitting an order for transactions make sure that respective securities are not subject to the Sanctions. KIT Finance Europe does not provide investment services in regard of the securities issued after 01/08/2014 by the abovementioned companies.
The Regulations are available at:
Information about NON-trading days and NON-settlement days