Execution of the client's mandate - a natural person to enter into a contract
The performance of the client's mandate — a natural person — to conclude a contract does not require conducting testing, if all obligations under such a contract will be fully terminated on the day of its conclusion through netting during clearing or offsetting of homogeneous counterclaims from contracts previously concluded by this client, or through the aforementioned netting or offsetting and a one-time payment of a monetary amount1.
Federal Law No. 39-FZ of April 22, 1996 "On the Securities Market", as amended on July 31, 2020, Article 3.1, paragraph 4 // Official Gazette of the Russian Federation. 1996. No. 17. Article 1918. ↩