New Updates for 24-May-2023

2023-05-24

Reading Time : 1 min

The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:

    • 22 May 2023 (Russia - Countermeasures):

      ​Presidential Decree No. 364 requires that Russian bonds replacing previously issued Eurobonds be issued before January 1, 2024.

    • 19 May 2023 (Russia - Countermeasures):

      ​“Personal sanctions” are imposed on 500 US citizens.

    • 18 May 2023 (Russia - Countermeasures):

      ​President Putin instructs the Russian Government to issue regulations establishing a monthly limit of USD 1 billion for purchases of foreign currency by Russian residents on the Russian internal market, in connection with divestment transactions involving foreign investors.

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