Home » News » US Treasury Adds St. Petersburg Exchange to Sanctions List – Latest News and Updates

US Treasury Adds St. Petersburg Exchange to Sanctions List – Latest News and Updates

by Alexandra Hartman Editor-in-Chief

2023-11-02 14:28:00

There is an update from 17:30 →

Moscow. November 2. INTERFAX.RU – OFAC (Office of Foreign Assets Control, a division of the US Treasury Department responsible for enforcement in the field of sanctions) has added St. Petersburg Exchange to the sanctions list, follows from the department’s message.

Interfax sent a request to the exchange.

“SPB Exchange” is a platform for organizing trading in securities of international companies on the Russian financial market.

OFAC also issued a standard license for such cases to exit the securities of the St. Petersburg Exchange until January 31, 2024.

Currently, over 2,000 shares and depositary receipts of international companies, as well as ETF (exchange traded fund) securities are traded on the St. Petersburg Exchange.

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