Chairman of the Bank of Russia Elvira Nabiullina noted that this situation worries the regulator.
“Because this is a very important factor that affects the confidence of retail investors in the stock market. If we want to attract resources for development and, among other things, use the opportunities of the capital market, of course, maintaining this trust is super important. This situation worries us, we will look at what else we can do here, primarily from a legislative point of view, what we can offer,” RBC quotes Nabiullina.
The publication recalls that on March 22, the Arbitration Court of the Perm Territory satisfied the claim of the prosecutor's office to confiscate shares of the Solikamsk Magnesium Plant (SMZ) from private investors.