Listingrule s

Article 19. Maintenance of Securities. Control and Monitoring

1. 
   The Exchange shall perform the securities maintenance procedure which shall include monitoring and control of conformity of the listed securities and Entities with the requirements of the securities law of the Russian Federation and of these Rules, in particular, Article 5 of these Rules, as well as the absence of grounds for the delisting, in particular, for the exclusion from Level One and Two.
   
2. 
   Maintenance of a listed security shall be performed by the Exchange on a quarterly basis (with the exception of certain monitoring and control procedures which shall be performed continuously) from the date of the security inclusion in the respective section of the List.
   
3. 
   In respect of securities the Exchange shall perform maintenance as follows:
   

1) The monitoring and control that there do not exist grounds for security exclusion from Level One or Level Two, as referred to in Annex 2 to these Rules, shall be performed on the basis of the information and documents filed by the Entity as referred to in Annex 1 to these Rules, and on the basis of information originating from (generated on) the Exchange.
2) For the purposes of monitoring and control of the completeness and timely filing, by the Entity, of the information and documents referred to in Annex 1 to these Rules, the Exchange may use information obtained from the mass media, or any other information that may come in the Exchange's possession.
3) In the course of the maintenance procedure, the Exchange may make an inquiry with the Entity:

• 
  for the submission of further information if any controversial or incomplete data are found in the compliance information (evidence of there being no grounds for delisting) filed by the Entity with the Exchange.
  
• 
  for the submission of further information if any discrepancies are identified in the content or timing of disclosure of the Entity's compliance with the requirements (evidence of there being no grounds for delisting), published in the mass media and provided to the Exchange;
  
• 
  with a request to conduct consultations and meetings with the Entity representatives.
  

4. 
   By way of exercising control, the Exchange may conduct inspections, in particular, as requested by the Bank of Russia, and require that the Entities provide any necessary documents, explanations, or information, in writing or verbally.