OREANDA-NEWS. December 16, 2013. No. 567/13 FAS Order of 5th September 2013 came into force. The Order introduces changed to the Procedures for submitting a list of affiliated persons to Exchanges by the entities that dominate relevant markets, accredited and (or) participating in competitive bidding (in particular, by filing applications for taking part in competitive bidding by broker, brokers) approved by No. 409 FAS Order of 26th June 2012.

The Procedures provide for economic entities accredited and (or) participating in competitive bidding (in particular, by filing applications for taking part in competitive bidding by broker, brokers) and that have dominant position on the relevant markets, information about their affiliated persons in the form of a list of such persons, compiled in accordance with a recommended sample. The List of affiliated persons forms an appendix to the Procedures.

With FAS Order coming into force, the list of affiliated persons is added information about the Tax Reference Number of the persons affiliated with an economic entity. Such changes are caused by difficulties in the work of Exchanges on identifying persons affiliated with a dominant economic entity, calculating the starting prices and volumes of sales of the products produced by dominant economic entities through Exchange.