Search Results for: Russian
Russian tax law change offers opportunities
April 7th, 2015
Significant changes to Russia’s tax code could lead to an increased use of corporate and trust entities based in the Channel Islands in the structuring of Russian corporate and private wealth arrangements. The changes, dubbed the ‘de-offshorisation law’, are ...
Hungary Angles to Save Russian Nuclear Plant Deal From EU Opposition
March 16th, 2015
Hungary expects to wrap up talks with the European Union soon about a fuel supply deal for the country’s Paks nuclear plant, the government said Friday, adding that the EU’s concerns do not block a planned expansion of the ...
CySec and Central Bank of the Russian Federation signed today an updated “MoU”
February 25th, 2015
CySec has issued a press release informing that: The Cyprus Securities and Exchange Commission (‘CySEC’) signed today an updated Memorandum of Understanding (‘MoU’) with the Central Bank of the Russian Federation (‘Bank of Russia’), following the transfer of the functions of ...
Russian Asset Sales Muddy Sanction Compliance
February 13th, 2015
U.S. Companies Already Have to Contend With Complex Rules In recent months, Boris and Arkady Rotenberg—Russian businessmen and friends of Vladimir Putin —have sold off assets to their sons that include holdings in a Gazprom drilling contractor and the sleek Finnish Langvik Congress ...
Alpari Tops Russian Forex Broker Rating Once Again
February 5th, 2015
Alpari RU issued a press release informing that: Interfax news agency has published its extensive annual study of the Russian Forex industry. According to Interfax – Center of Economic Analysis (Interfax-CEA), Alpari has for the fourth year running kept ...
Russian Central Bank Defends Its Independence After Surprise Rate Cut
February 2nd, 2015
Ruble Slides Lower Against the Dollar The Bank of Russia has defended its independence after Friday’s surprise cut in interest rates raised concerns about the influence of the Kremlin, industrialists and bankers over the central bank’s policy. Amid complaints ...
Russian Ruble Weakens on Threat of New Sanctions
January 28th, 2015
The Russian ruble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. At 07:38 ...
Russian Ruble Falls After Tensions Flare Over Ukraine
January 26th, 2015
The Russian ruble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia. At 10:55 the ruble was down 2.4 percent against the dollar at 65.82 and 2.4 percent weaker against the euro at 73.85. President Vladimir Putin blamed “criminal orders” by Ukrainian ...
EXNESS has resumed trading currency pairs with the Swiss franc and the Russian ruble
January 21st, 2015
EXNESS issued a press release saying that: Has resumed trading currency pairs with the Swiss franc and the Russian ruble. However, the following margin requirements apply to newly opened and already existing positions in these instruments: for currency pairs ...
Moody’s downgrades three major Russian Financial Institutions
January 20th, 2015
Moody’s Investors Service has on Monday 19, 2015 downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of Russia’s credit profile, as reflected by Moody’s downgrade of Russia’s ...
