The procedure for unblocking Russian assets frozen abroad will primarily affect the interests of individual investors, and the procedure itself will be optional. forbesWith reference to the press service of the Bank of Russia.
“In the initial stage, it is assumed that conditions will be created for the “unblocking” of assets, primarily individual investors,” the Central Bank said.
The press service announced that interested foreign investors can purchase “blocked” foreign securities from Russian investors at the expense of funds in “C” accounts. It was noted that the participation of Russian and foreign investors in the process will be voluntary.
The Central Bank of Russia noted that the volume of assets unlocked in the initial phase will be limited.
The previous day, Finance Minister Anton Siluanov at the meeting of the Strategic Development and National Projects Council. knowledgeableThat the government of the Russian Federation, together with the Central Bank, has developed a draft decree that will allow for the unblocking of part of Russian assets frozen abroad.
Previously at the European Commission in your name The amount of sovereign assets of Russia frozen in the European Union.