Admission of foreign securities to trading by decision of the exchange

Foreign securities may be admitted to public trading in Russia by the decision of the Russian stock exchange if:

  • The securities have a "recognised" listing
  • Security has no restrictions imposed to its circulation among the general public in Russia by the Russian legislation or the proper law of the issuer and the foreign exchange where the issuer's securities are listed

A decision on admission is taken by the exchange in case of submission of a duly executed prospectus and documents/information specified in the exchange's Listing Rules.