Trading in shares of companies from hostile countries associated with the military-industrial complex will be prohibited. This was stated by the head of the Bank of Russia Elvira Nabiullina.
“With regard to access to securities of hostile countries associated with the military-industrial complex, it is indeed assumed that their trade will be prohibited. Apparently, this will also lead to deregistration,” Nabiullina said.
According to Nabiullina, one of the questions to be resolved is the definition of “how the people who bought these newspapers … will be able to get away with it”.
“This issue needs to be improved,” added the head of the Central Bank.
Earlier, the Central Bank introduced restrictions on the purchase of foreign securities. Brokers may not purchase securities from issuers in countries hostile to qualified investors if, following the transaction, their share in the portfolio exceeds 15%.
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