11:12 - 28.02.2022
February 28, Fineko/abc.az. The Central Bank of Russia has banned foreign shareholders having stakes in Russian companies to sell Russian securities.
ABC.AZ reports that the CBR has issued an order prohibiting foreigners from selling Russian securities.
In particular, the CBR instructed professional securities market participants engaged in brokerage activities from 7 a.m. on 28 February to suspend the execution of all orders of clients (foreign legal entities and individuals) related to the sale of securities until the cancellation of this order. The document was signed by the deputy chairman of the regulator.
