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The Ministry of Finance allowed investors to credit currency from the sale of shares to foreign accounts

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The Russians were allowed to credit their foreign accounts with funds in foreign currency received from the sale of securities. This is stated in the message of the Ministry of Finance. The government also allowed Russians to credit foreign accounts with funds received from the redemption of securities held by a foreign depository, foreign bank or other foreign financial market organization. “Such permission of the Subcommission is valid without a time limit from June 17, 2022,” the Ministry of Finance said in a statement. Since March 1, by presidential decree, it was forbidden for residents to transfer foreign currency to their accounts opened with foreign financial organizations. The Central Bank allowed investors to credit the proceeds from the sale of securities only with the approval of the government commission. The head of the Central Bank Elvira Nabiullina announced relief last week. Even more news is in the Kommersant Telegram channel. Leonid Uvarchev.

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