Russia bans sale of securities purchased in domestic market 

The Central Bank of Russia has banned the sale of securities purchased by foreign nationals in the domestic market, Report informs, referring to the Russian media.

According to the Bank, professional participants of the securities market - brokerage companies - have been instructed to suspend the execution of orders for the sale of assets of foreign individuals and legal entities. However, the decision does not apply to deals concluded so far. Brokers will send a report to the Central Bank on the suspension of operations within five working days from the date of receipt of the instruction.