Central bank Russian Federation (Bank Russia) was prolonged by the term of release of mutual funds from the frozen assets

To Management companies added one and a half more months. After division investors have to get partial access to the blocked funds which were frozen because of existence in them foreign assets of the Photo: Shutterstock Central bank Russian Federation (Bank Russia) prolonged a deadline of acceptance by management companies decisions on ZPIF-A formation (change like the blocked fund for ZPIF-A) till October 15, 2023. The relevant decision boards of directors Central bank Russian Federation (Bank Russia) is published on a regulator site. Earlier the term during which managing directors of share investment funds (mutual fund) procedures had to carry out on...