21, 1st Tverskaya-Yamskaya Str.,
Moscow, 125047, Russia
Tel.: +7 (495) 935 8010
Fax: +7 (495) 935 8011
Rare combination of huge market expertise, talent, great managerial skills and an energetic approach to his work
Dmitriy Glazounov is a prominent legal expert on the Russian financial market.
Dmitriy is the sole representative of the legal community on the Bank of Russia’s Expert Board on Development of the Bonds and Debt Instruments Market, which is a working group responsible for developing legislation essential for the Russian financial market.
Dmitriy has taken part in developing legislation of vital importance to the financial market, including the Federal Law “On the Securities Market”, the series of amendments to the Russian Civil Code, the Federal Law “on Joint Stock Companies”, the Federal Law “On Mortgage Securities”, the Federal Law “On mortgage (Pledge of Real Estate)”, including the Federal Law No. 379-FZ of 21 December 2013 amending the Federal Law “On the Securities Market”, “On Banks and Banking” and other legislative acts regulating securitisation and project finance, the Federal Law “On Combating Illegitimate Use of Insider Information and Market Manipulation”.
Dmitriy and his team have unique experience for the Russian market of supporting complex financial transactions (including securitisation and project finance), issuing tailored financial products (mortgage participation certificates, foreign-issued securities placed in the Russian Federation, and foreign currency bonds), corporate restructuring, debt restructuring and participating in major projects related to securities issues, company entry on to the IPO market, and M&A and corporate law matters.
Dmitry and his team regularly implement unique projects, among them:
- Russia's first placement of RMB-denominated bonds;
- Supporting a unique deal to refinance a public-private partnership project by offering secured social bonds.
Dmitriy Glazounov’s team is regularly involved in the activities of the financial market regulator (the Central Bank of the Russian Federation as of now; formerly the Federal Service for the Financial Markets of Russia and the Federal Securities Commission of Russia), contributing to development of the Issue Standards, the Regulation on Disclosure, the draft regulatory acts required for introducing mortgage participation certificates, as well as orders regulating the activities of the General Bondholders Meeting and those of such bondholders’ representatives.
Dmitriy has implemented a number of large-scale projects on behalf of the Agency for Housing Mortgage Lending OJSC (AHML) impacting directly on the Russian mortgage market, including development of the AHML Housing Mortgage Lending Standards, establishment of the Association of Mortgage Companies and of the Self-Regulating Organisation of AHML’s Regional Operators, and following-up on AHML’s legislative initiatives (including those related to custodian accounting of bills of sale, electronic bills of sale, distressed debt recovery simplification, etc.) and so on.
Dmitriy's clients include: RUSAL, VTB, DOM.RF (AHML), Credit Europe Bank, Uralsib Bank, Bank Saint Petersburg, Absolut Bank, AK BARS Bank, Aeroflot, BCS Financial Group, REGION, Transneft, Leroy Merlin, X5 Retail Group, MTS and many others.
Dmitriy is a member of the
- Expert Board for Competition Protection on Financial Services Markets under the FAS of Russia (the Banking Services Market Subpanel and the Securities Market Subpanel);
- Expert Board for Development of the Bonds and Debt Instruments Market under the Bank of Russia;
- Legal Committee of the National Securities Market Association (NSMA);
- Independent Directors’ Association;
- Expert Council on Listing of the Moscow Exchange (MOEX);
- Securitization of Financial Assets Expert Committee of the Central Bank of the Russian Federation.
Before joining EPAM in 2014, he was the Managing Partner at Liniya Prava, and, prior to that, he held top positions with the Federal Commission for the Securities Market of Russia and DOM.RF (AHML).
Dmitriy is an Active State Counsellor of the Russian Federation, 3rd class. In January 2012, he was awarded a certificate of honour of the Russian Ministry for Economic Development for his major contribution to the negotiations on Russia joining the WTO.
In 2015 Dmitriy became a member of the Advisory Council for the Development of the National Payment System under the Chairman of the Central Bank of Russia.
He graduated from the Faculty of International Law at the Moscow State International Relations Institute of the Russian Ministry of Foreign Affairs in 1996.
He has been admitted to the Moscow Bar Association.