Putin extended for a year the decree on measures to ensure financial stability

Russian President Vladimir Putin extended his March decree on ensuring financial stability in Russia until December 31, 2023. The document provided for special measures in the field of currency regulation - in particular, according to it, Russian legal entities and individuals could not pay shares in the property of foreign legal entities, and the Central Bank could determine the amount of money transfer transactions to foreign companies and individuals.

“... replacing the words “until December 31, 2022” in the first paragraph of paragraph 2 with the words “until December 31, 2023 inclusive,” the presidential decree, published on portal legal information.

The president also extended the ban on transactions involving the purchase by residents of shares in foreign companies without the permission of the Central Bank of the Russian Federation. This document gives expanded powers to the government commission that controls foreign investment in Russian companies.

The news is being supplemented

Source link