MOSCOW, March 30. /TASS/. The Bank of Russia limited trading in some foreign securities blocked by international depositories that had previously been withdrawn to non-trading accounts for another six months, the regulator said on Thursday.
"Russian depositories continue to keep a separate record of clients' rights to blocked assets beginning April 1, 2023. Brokers, in turn, are not permitted to take and execute client orders on the exchange market for these securities. At the same time, the owners' right to own such foreign securities is preserved," the regulator said.
This decision is intended to safeguard investors' rights and interests while minimizing their risks, the regulator said. The rules, according to the Bank of Russia, do not extend to securities issued by foreign issuers that carry out their main activities in Russia.