The second stage of the exchange of assets frozen in the European Union and Russia may involve investors with a larger investment volume compared to the limit of the first stage (100 thousand rubles). Deputy Minister of Finance Ivan Chebeskov announced this on live broadcast RBC.
According to Chebeskov, the authorities are considering the first phase, which has a limit of 100 thousand rubles per citizen, to cover a large number of people with small investments.
“So we want to move to the next stage – we will either increase the amount of these funds, or expand the participants who get the opportunity to exchange,” Chebeskov said.
According to him, authorities are currently focusing on individual investors, but institutional investors also have a problem. Chebeskov expressed hope that the government commission will be able to consider the first applications for asset exchange in early January.
Before this, President Vladimir Putin signed A decree allowing Russian investors to apply for the sale of blocked securities worth up to 100 thousand rubles. According to the Ministry of Finance, this limit covers approximately 2.5 million of the 3.6 million citizens whose assets are blocked.
Formerly Central Bank expressed Confidence that the exchange of frozen investors’ assets will not be initiated until the end of the year.