The Capitol Building in Washington DC. File photoWASHINGTON, May 4. The U.S. Securities and Exchange Commission (SEC) has warned U.S. companies that they may have to disclose the impact of events in Ukraine and anti-Russian sanctions on their activities.
"Companies may have a federally mandated … obligation to declare the direct and indirect impact that the Russian invasion of Ukraine and the international response have or may have on their business", the notice on the SEC website says .
The Commission emphasizes that this is so far only the opinion of one of its structural divisions, the corporate finance department. Companies are invited, in particular, to disclose information about the dependence of their activities on Russia, Belarus or Ukraine through operating activities, personnel, investments, securities turnover, supplies goods and services, business ties, and to report on «legal or regulatory uncertainties» associated with continuing to operate or withdrawing from the Russian or Belarusian markets. Russia launched a military operation in Ukraine on February 24. President Vladimir Putin called its goal «the protection of people who have been subjected to abuse, genocide by the Kyiv regime for eight years.» terrible mistake of the White House in the situation in Ukraine. For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. According to the Russian Ministry of Defense, the Armed Forces only strike on military infrastructure and Ukrainian troops and, on March 25, completed the main tasks of the first stage — significantly reduced the combat potential of Ukraine. The main goal in the Russian military department was called the liberation of Donbass.