Central Bank Plans to Disclose Data on Professional Participants Violating Anti-Sanctions Measures

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The Central Bank will start disclosing information about professional market participants who have been fined for violating anti-sanctions measures established by legislation. Such measures were announced by Deputy Chairman of the Central Bank Filipp Gabunia.

"We simply imposed fines, but now we will start disclosing information on who and why, so that clients can also see the course of these processes and their consequences," Interfax quotes him as saying.

According to Gabunia, for non-compliance with anti-sanctions presidential decrees, the regulator has already revoked three licenses from violators, and several professional participants have been fined.