Russian regulatory response to foreign asset exits
The developments in this story so far, most recent first.
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Development
Putin signs decree limiting foreign investors' buyback rights
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· date approximate Background
Western companies left the Russian market following the start of the Ukraine war.
Following the start of the war in Ukraine, many Western companies left the Russian market. According to reports, these companies transferred their Russian assets to local investors through agreements that provided a right to buy them back at a later date.
Russian President Vladimir Putin stated that these companies were forced to exit the Russian market due to political pressure within their own countries, leading to serious problems as a result.