US extends exemption for transactions with Moscow Stock Exchange

International

2-08-2024, 22:00

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Follow-up - INA

The United States extended, today, Friday, the license to deal with the Moscow Stock Exchange, until October 12.

The US Treasury Department indicated in a statement that "all prohibited transactions with the Moscow Exchange, the National Clearing House, and the National Depository for Settlement under Executive Order No. 14024 are permitted until October 12.".

In early June, the US Treasury Department imposed "a new package of sanctions against Russia, with restrictions on the Moscow Exchange, the National Clearing House, and the National Depository for Settlement." The US Treasury's Office of Foreign Assets Control set "August 13, 2024, as the deadline for all settlements with the three entities."