Published Date: 29.01.2026

Enforcement on Cash and Securities of a Professional Securities Market Participant and Its Clients

Annotation

The article captures the author's individual, particularly significant, in his opinion, conclusions obtained as a result of his research of the procedure for foreclosure on cash and securities of a professional participant in the securities market and its clients. The author notes that the proclamation of property immunities of securities and cash of a professional participant in the securities market and its clients in relation to each other is due to the specifics of the functioning of the securities market. A detailed analysis of the legislation on enforcement proceedings contributed to the identification of gaps in legislative regulation, as well as the awareness of the need to take not only legal, but also other measures to improve the efficiency of the procedure for foreclosure on financial assets of civil turnover entities. One of such measures may be the formation of a secure channel for the prompt transmission of data required to comply with the requirement for mandatory clauses required in the content of the resolution on the seizure of securities. In addition, the author highlights other features of the seizure of newly acquired securities and funds accounted for in special personal accounts in foreign currency that have remained unattended by the legislator. The author also touches upon other problematic issues arising in practice, caused by probable abuses on the part of the client-debtor, and attempts to formulate possible ways to solve them.




Library

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