New version of VTB Bank’s Terms and conditions for custody business (Terms and Conditions)

дата17.04.2018

Please be advised that starting from 08.05.2018 the new version of VTB Bank’s Terms and conditions for custody business (Terms and Conditions) comes into effect (hereinafter – Terms & Conditions).

In particular, the following amendments and additions have been made to the wording of the Terms & Conditions:

  • the list of the Broker Client's transactions that it can perform independently is specified;
  • an obligation of the Customer to provide documents to the Custodian in accordance with the requirements of legislation in the field of combating money laundering and financing of terrorism, as well as in accordance with the requirements of the Federal law of 28.06.2014 № 173-FZ and Chapter 20.1[1] section VII.1 part 1 of the Russian Tax code has been defined in the Term & Conditions;
  • execution deadlines for instructions have been corrected.