The Central Bank announced 5 million investors with assets blocked due to sanctions

The regulator estimated the cost of blocked foreign shares of individuals at 320 billion rubles.

More than 5 million Russians have blocked assets on their accounts, said Filipp Gabunia, deputy chairman of the Bank of RUSSIA, RBC correspondent reports. According to him, only foreign shares owned by individuals are blocked by more than 320 billion rubles.

In early March, the Russians faced restrictions from foreign counterparties, due to which their clients lost the opportunity to sell foreign securities through foreign exchanges. According to a representative of Aton, the company was forced to suspend trading in foreign securities. He explained that the clearing organization Euroclear, which also provides settlements with securities, has stopped the automatic processing of all transactions with Russian counterparties.

The Central Bank proposed to sharply limit the access of Russians to foreign shares

Since May 30, the Bank of Russia has limited trading in foreign securities that are in circulation on the SPB Exchange and are blocked by international depositories. it was about foreign shares traded in the US and linked to the infrastructure of the National Settlement Depository (NSD). The list includes 990 titles, including papers from Amazon, Google's parent company Alphabet, Alibaba, NVIDIA, Twitter, Netflix and many other companies.

In mid-June, the HEAD of the Central Bank, Elvira Nabiullina, said that Russian investors should take into account the risks when buying foreign securities. “The risks that we talked about that these securities are regulated in foreign jurisdictions have partially materialized,” she said.