The UK will deprive the Moscow Exchange of the status of "

20 April 2022, 12:29 | Economy
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Yesterday, the Moscow Exchange itself announced that the UK would deprive it of the status of " This is the continuation of sanctions against Russia. Later, the press service of the Moscow Exchange commented on how this would affect her work, Russian media reported..

" If this status is revoked, these tax preferences will not apply to new investments. For investments already made on the Moscow Exchange, tax preferences are preserved,"

British Treasury Secretary Lucy Fraser said the move should be interpreted as a clear signal - " That is, this is a continuation of the policy of sanctions against Russia.



Among the main reasons for the withdrawal of the status are the restrictions imposed on British investors on operations on the Moscow Exchange, if the restrictions are not lifted by May 5, then the Moscow Exchange will lose its status..

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Recall that yesterday the Central Bank of the Russian Federation admitted that due to sanctions, Russia has lost access to about half of its reserves (to $300 billion out of $640 billion). This was stated by the Chairman of the Central Bank Elvira Nabiullina.




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