On the Russian Islands saw a loophole to sanctions


Photo: Alexander Kryazhev / RIA Novosti

The possibility of creating a platform for the listing of Russian companies under Western sanctions, are discussing the Ministry of Finance and the Central Bank. According to TASS, this was stated by Deputy Finance Minister Alexei Moiseyev on the sidelines of the forum “Army-2018”.

“The Ministry of Finance jointly with the Central Bank are discussing the possibility of creating a financial infrastructure for the listing of the sanctions companies. Surely there will be investors who will be willing to buy these companies, why not create a platform where they will do it?” — Moses said.

He said that the possibility of creating such a platform already established in the law on special administrative regions. It is a question of creation of territories with a special tax regime on the Islands in the Russian Primorsky Krai and October in the Kaliningrad region.

Earlier in the summer, the economic development Ministry has already drafted a bill that would allow Federal Antimonopoly service (FAS) to conceal information about the impending transactions of large companies. The same right will be granted and the Central Bank in relation to banks. Due to this, the backbone of the company, threatened sanctions, will be able to confuse the ownership structure.

Video, photo All from Russia.


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