Alexey Sedushkin, CEO of the broker “Investment Chamber”, which was chosen as the organizer of the trade for the recovery of Russians’ frozen assets, said: RBCThe recovery and subsequent exchange of Russians’ frozen assets will take place in four stages.
According to him, the procedure will take several months. Within the scope of the transactions, Russian investors will be able to sell blocked shares, depositary receipts and investment fund shares to foreign buyers. Sedushkin added that transactions will take place at prices not lower than market prices.
He said that in the first stage, applications will be collected from Russian investors – individuals. Afterwards, the lots will be created, applications from potential buyers residing abroad will be collected, and the sales prices of the parcels will be determined.
Sedushkin emphasized that any Russian private investor can participate in the program.
Before that the Ministry of Finance of the Russian Federation saidthat the government commission approved and approved the rules for the exchange of frozen assets.
Previously at the European Commission named The amount of Russian assets frozen in the European Union.