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YANDEX COMPANY LIQUIDATES INVESTMENT SERVICE

....Investments" created for financial management. The reason is the fact that VTB Bank, a former partner in dealing with securities, fell under strict foreign sanctions. The inability to trade assets of foreign companies led to an inevitable outcome.... ... replenish their accounts until April 11. After that, the service will be terminated. Clients of the service will be able to withdraw finances and sell shares until April 15, 2022. It is emphasized that "Yandex" guarantee not only the phased elimination ...

"Univer Capital" broker appealed to the Central Bank with a request for reorganization

... organization that the regulator authorizes for this. According to official data, by February 18, 2022, the company raised about 40 billion rubles, including customer funds and own assets. At the same time, 63% of the amount were Eurobonds of the Ministry of Finance, the repayment of obligations on which was calculated for 4 years. The reason for the organization’s appeal to the Central Bank of the Russian Federation was the forced sale of a client’s package of securities carried out by the National Clearing Center (NCC) on March 24 and 25, 2022. The authors of letter note that one of the issues of Eurobonds of the Ministry of Finance dollar income could exceed 400% per year. On March 22, the firm informed clients ...

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