On 12 April 2023, the Ministry of Justice of Ukraine filed a statement of claim with the High Anti-Corruption Court to impose a sanction under paragraph 1¹ of Part 1 of Article 4 of the Law of Ukraine ‘On Sanctions’ on the public joint-stock company «Московська біржа ММВБ-РТС»

This was reported by the Ministry's press service.

On 20 February 2023, President of Ukraine Volodymyr Zelenskyy enacted the decision of the National Security and Defence Council to impose sanctions on the management of the largest Russian banks. This decision also updated sanctions against PJSC Moscow Exchange MICEX-RTS.

The Moscow Exchange is a de facto monopolist on the Russian market for capital market services and products. The Moscow Exchange's owners include the Central Bank of the Russian Federation (11.7%), Sberbank of Russia (10%), and VEB.RF State Corporation (8.4%).

According to the consolidated annual report, in 2021, Moscow Exchange paid RUB 6.9 billion in income tax to the Russian state budget and invested about RUB 110 billion in Russian bonds.

More information on the situation with the confiscation of Russian assets can be found on our confiscation tracker, an interactive website that displays up-to-date information on amounts, legislation, court decisions, and political positions of countries on confiscation.