Russia – FSCA Foreign Investment Limits

Russia – FSCA Foreign Investment Limits

On 18 March 2022, RSA FSCA increased foreign portfolio investment limits.

  • RSA FSCA published circular announcing increased foreign portfolio investment limits.
  • (Document dated 18 March 2022, received 24 March 2022, and summarized on 26 March).

Overview

  • On 23 February 2022, RSA CB indicated foreign investment limits have been increased.
  • Regulation 28(3)(i) states aggregate exposure to foreign assets must not exceed max. allowable amount that a fund may invest in foreign assets as determined by RSA CB.
  • Retirement funds may acquire foreign exposure up to the revised single limit of 45%.