A special recording procedure for certain securities will be in effect until the end of 2025
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28.10.2022
FROM OCTOBER 15, 2022, NEW RESTRICTIONS HAVE BEEN INTRODUCED ON TRANSACTIONS AND OPERATIONS INVOLVING PERSONS FROM UNFRIENDLY COUNTRIES
Transactions involving persons from unfriendly countries are restricted, as a result of which the rights to own, use and (or) dispose of more than one percent of stocks or shares that make up the authorised capital of Russian credit or insurance organisations, non-state pension funds, microfinance companies or management companies of a joint stock investment fund, of a mutual fund or of a non-state pension fund are directly and (or) indirectly established, changed or terminated, or more than one percent of the votes attributable to such stocks or shares (contributions)). Such transactions require permission from the Government Commission for the Control of Foreign Investments.
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