He has called for Russian Eurobond issuers, the finance ministry included, to issue securities to replace the ones stuck abroad, saying that sanctions that make it impossible to move money from issuers to investors are a "trap of legal uncertainty". "Foreign infrastructure has been frozen and stopped performing its function," Sergei Shvetsov, head of Moscow Exchange's advisory board, said this week. They have also played a part in driving Russia into its first major international debt default in over a century, something Moscow has blamed on the West and labelled a "farce". The EU sanctions on the NSD, as well as other Western measures aimed at restricting Russia's access to global financial infrastructure, have blocked many investors' access to securities held in jurisdictions outside Russia. "There are plans to challenge the European Union's decision on including the NSD on sanctions lists," Moscow Exchange said in a statement.
#Nsd tracking for free#
Register now for FREE unlimited access to Registerįinancial market entities, including major Russian banks, brokers and asset managers, agreed on Friday with Moscow Exchange and the NSD to establish a club that would work together to protect investors' rights, especially unqualified market participants.
0 kommentar(er)
