Central Bank discusses expanding opportunities for Russian businesses to move home

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The first is already in force and enshrined in legislation: redomiciliation, Kuritsyna said. “We are now discussing possible ways to legislate some kind of expansion of opportunities for redomiciliation. Then foreign holdings, which are often also public companies, could get the opportunity to become Russian companies by changing their citizenship, so to speak,” she explained. A number of other initiatives are also being discussed – more complex and risky in terms of possible consequences for business, shareholders and the preservation of property rights, she added.

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