Tag Archives: limit

Russia – CB Accelerated Share Sale Limit

On 27 April 2022, RUS CB limited foreign depository receipt share sales. RUS CB confirmed, that to maintain financial stability, it ordered professional depository participants to use separate accounting for shares from foreign depository receipts. Follows RUS CB April 2022 explanation ban on foreign depository receipts. Instructions The rules require shares of Russian issuers received…
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