statement
Указ президента Российской Федерации от 20 мая 2024 года № 430 provides for the obligation of a Russian person to answer to investors in Russia on eurobonds held in Russia.
A statement by Игорь Кузнец и Екатерина Дроздова. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Указ президента Российской Федерации от 20 мая 2024 года № 430 предусматривает обязанность российского лица отвечать перед инвесторами в России по еврооблигациям, находящимся в России.
Related claims
For securities held abroad there is no universal rule: указ президента РФ от 8 августа 2022 года № 529 provides a right, not an obligation, for Russian companies to make payments on eurobonds.Игорь Кузнец и Екатерина Дроздова · statementPayments on such eurobonds can be sought in Russia, since the funds received from investors at issuance are located in Russia and nothing prevents Russian companies linked to foreign issuers from paying them to investors.Игорь Кузнец и Екатерина Дроздова · allegationCourts disagree on whether Russian companies are obliged to pay on eurobonds issued outside Russia, and limitation periods are expiring.РБК · allegationA number of Russian companies voluntarily make payments on such eurobonds, but far from all do so.Игорь Кузнец и Екатерина Дроздова · allegationEurobonds of Russia-linked issuers are blocked in foreign banks; payments cannot be received abroad because payments from Russia are blocked and many foreign technical issuers (SPVs) have been liquidated.Игорь Кузнец и Екатерина Дроздова · allegationThe Bank of Russia has permitted non-qualified investors to buy BTC, ETH and USDT.MarketOverview · statement