The Russian government has established its own procedures through which Russian residents can convert Depository Receipts or submit a forced transfer of Russian securities to the NSD. In compliance with relevant sanctions laws and regulations, including those issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), IBKR does not participate in either process and will not provide signed and stamped statements, safekeeping certificates, or depositary/custodian information for Russian securities that can be used to facilitate either process.
Note
- These FAQs are subject to change. IBKR is continuing to monitor developments related to the sanctions on MOEX, NCC, and NSD.
Additional Information