GENERICO.ruЭкономикаSanctions against the Moscow Exchange will not stop the IPO market, the Central Bank said

Sanctions against the Moscow Exchange will not stop the IPO market, the Central Bank said

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ST. PETERSBURG, June 26 International sanctions against the Moscow Exchange will not stop the Russian market for initial public offerings (IPO), First Deputy Chairman of the Central Bank of the Russian Federation Vladimir Chistyukhin told reporters .
The United States in mid-June announced new sanctions against Russian financial infrastructure, including the Moscow Exchange, the National Clearing Center and the National Settlement Depository.

“I think this will not affect the arrival of new investors to the Moscow Exchange. After all, we are talking about domestic investors who live in our country in accordance with Russian legislation,” Chistyukhin said on the sidelines of the St. Petersburg International Legal Forum.

«Taking into account the infrastructure and the opportunities that the Moscow Exchange group provides to all those who come to the IPO, I think that the balance of pros and cons will definitely be in the plus. And the issuers sanctions will not stop,” he added.
The St. Petersburg International Legal Forum (SPBILF) is taking place in the Northern capital on June 26-28, its main topic will be law as the basis of global balance. The forum traditionally brought together leading legal scholars, politicians, representatives of business circles and public organizations from different countries.

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