Discounts applied upon liquidation of shares (underlying ADRs)

After the liquidation of the Sberbank shares underlying the ADR-program, various investors seem to wonder what the background is of this discount. Decree No. 81 of the President of the Russian Federation dated March 1, 2022, "On Additional Temporary Economic Measures to Ensure the Financial Stability of the Russian Federation" (Decree No. 81; https://www.consultant.ru/document/cons_doc_LAW_410578/ ) established a special procedure for the execution of transactions involving securities between residents of the Russian Federation and "persons of foreign states committing unfriendly acts". According to the general rule stipulated by Decree No. 81, transactions involving securities between residents of the Russian Federation and "unfriendly persons" are only possible with the permission of the Government Commission for the Control of Foreign Investment in the Russian Federation (the Government Commission). The minutes of the Government Commission meeting of th...

How to get a permanent residence permit in Russia to unlock type-C accounts?

Investors that have their funds locked up in Russian type-C accounts are sometimes looking into moving to Russia in order to unlock these funds. Timur Beslangurov from VISTA Immigration made a recent video about this topic. He also assists some members of EAHCISS with the process of obtaining a permanent residence permit. 

The video with his contact details can be viewed here (please be advised that there is a minor error in the video; the required level of Russian is B1 instead of B2): https://www.youtube.com/watch?v=yWP07Qk2dX8