The government approved a list of 32 countries whose banks and brokers received permission to directly participate in organized foreign exchange trading in Russia. At the same time, the initial list proposed by the Ministry of Finance was reduced – 12 states were removed from the list. This was reported by RBC.
Previously, the Ministry of Finance published a list of 44 countries. However, the government decided to reduce it. Notably, the final list did not include Georgia, Israel, Hong Kong, as well as Argentina, Cambodia, Mexico, Moldova, Peru, Tunisia, Uruguay, the Philippines and Chile. The final list included almost all CIS countries, as well as China, India, Turkey, Persian Gulf countries, Egypt, South Africa, Brazil, Venezuela and other countries. Its banks and brokers will be able to directly participate in foreign exchange and derivatives trading in Russia.
The Ministry of Finance and the Central Bank of Russia have not yet responded to RBC’s request for reasons for removing some countries from the list. At the same time, the Bank of Russia retains the opportunity to impose additional requirements and restrictions on them. The document will come into force on September 21 this year.
In Russia at the end of August softened Conditions for paying dividends to foreigners.
Previously Elvira Nabiullina stated About the possibility of exchanging frozen assets with the West.
Source: Gazeta
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