Accreditation of Non-Residents for Execution of Non-Anonymous Exchange Transactions

• Regulations on Accreditation of Buyers Which Are Non-Residents of the Republic of Belarus as Exchange Auctions Visitors in Connection with the Execution of Non-Anonymous Exchange Transactions

• Exchange Services Contract for the Auctions Visitor – Non-Resident of the Republic of Belarus in Connection with the Execution of Non-Anonymous Exchange Transactions

• Non-Resident Buyer Application/Questionnaire

Simplified accreditation:

• eliminates the need to legalize documents submitted to the Exchange for accreditation;

• eliminates the need to obtain an electronic digital signature;

• streamlines the procedure for the execution of the exchange services contract and the method used to sign such contract (it is sufficient to accede to the standard form agreement by signing the application/questionnaire);

• documents for the accreditation of the buyer may also be submitted by the seller, which accelerates and simplifies the accreditation process;

• translation of documents into the Russian language is no longer mandatory.

Algorithm for simplified accreditation of the buyer which is a non-resident of the Republic of Belarus for the execution of non-anonymous exchange transactions

1) Fill in, print out, and sign the application/questionnaire. 

Provision to the Exchange of the information listed in the questionnaire is stipulated by Article 8 of Law of the Republic of Belarus dated June 30, 2014, No. 165-Z "On Measures to Prevent Money Laundering, Terrorism Financing and Proliferation of Weapons of Mass Destruction".

2) Scan the following documents, and send them, together with the completed electronic questionnaire (in the .docx format) to the following e-mail address: acr@butb.by:

·       application/questionnaire;

·       extract from the trade register of the country of registration of the non-resident buyer (or an equivalent document);

·       power of attorney issued to the person authorized to sign the exchange contract on behalf of the non-resident buyer.

3) Following an inspection of the documents, you will be given an e-mail response to notify you of successful accreditation at the Exchange.

For reference. If necessary, Exchange employees may contact you for clarifications regarding the information you provided in your questionnaire.

Exchange by-laws for download:

The application/questionnaire and buyer documents may be submitted to the Exchange by both the buyer and the seller.

Upon completion of the buyer accreditation process, the seller can select such buyer in the program module for the execution of a non-anonymous exchange transaction, and execute such transaction.