Russian President Vladimir Putin allowed VTB to exclude shares of investors from unfriendly countries from its authorized capital. Relevant order of the head of state It was published On the official Internet portal of legal information.
“Allowing VTB Bank (a public joint stock company) and persons under its control to carry out transactions (operations) that directly and (or) indirectly require the establishment, change, termination or restriction of ownership, use and (or) rights of the specified joint stock company disposal of shares of the company and (or) shares (stakes in the authorized capital) of such persons,” the document says.
Central Bank of Russia in September recorded Current restrictions on money transfers abroad for citizens and foreigners of friendly countries. Russians and non-residents cannot transfer more than $1 million or the equivalent in another currency to foreign accounts in a month, the regulator said.
Also the Central Bank elongated restrictions on the transfer abroad of non-resident funds from unfriendly countries from the accounts of brokers and trustees. They will affect transfers from accounts opened by individuals and legal entities.
It was previously known to be caused by foreigners to continue Invest in Russian companies.