The Central Bank of Russia cancelled the depository licence held by GS Invest LLC as a professional securities market participant, with the licence becoming null and void from 24 July 2025. The decision follows failures to comply with securities market operating requirements set under Russian President Executive Order No. 138 of 3 March 2023 on additional temporary economic measures related to securities trading. GS Invest LLC must terminate depository activity, except for actions needed to fulfil obligations to clients arising from its depository business, and must return all client assets by 24 November 2025.
Central Bank of Russia 2025-07-25
Central Bank of Russia cancels GS Invest LLC depository licence and sets 24 November 2025 deadline to return client assets
The Central Bank of Russia revoked GS Invest LLC's depository licence effective 24 July 2025 due to non-compliance with securities market requirements under Russian President Executive Order No. 138. GS Invest LLC is required to cease depository activities and return all client assets by 24 November 2025.