Category: Russia’s Sanctions Response Diary

Russia’s Sanctions Response Diary – May 20th 2024

New this week: May 20th: Russian press reports suggest that the government plans to lift its ban on the export of gasoline, which had been imposed on March 1st for six months. The reason given is that there are no shortages.

Russia’s Sanctions Response Diary – April 15th 2024

New this week: April 11th: The Ministry of Finance said that they hoped that the mechanism to issue domestic bonds, which can be voluntarily swapped for Russian government Eurobonds, would be in place within the first half of 2024.

Russia’s Sanctions Response Diary – April 2nd 2024

New this week: March 29th: The President signed a degree outlining a special procedure for transactions in the shares of certain foreign-owned companies, which are not disclosed, but the text implies that these are those companies designated at economically significant.

Russia’s Sanctions Response Diary – March 11th 2024

New this week: March 11th: The Central Bank has nominated a relatively unknown asset manager that will buy out the frozen assets of Russian investors in offshore jurisdictions. It will buy the assets at market levels, without haircuts.

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