In June 2024, the U.S. and the U.K. sanctioned the Moscow Exchange (MOEX), the Russian clearinghouse (NCC), and the Russian Depository (NSD). These sanctions generally prohibit transactions involving these entities by U.S. and U.K. people and entities, which includes Interactive Brokers LLC and Interactive Brokers (U.K.) Ltd. and, by extension, their affiliates.
The EU had previously imposed its own sanctions on NSD. As a result, EU persons cannot trade, transfer or convert non-sanctioned Russian securities, unless they have received a license from their relevant EU authority. (EU persons include EU nationals and persons located or doing business in the EU.)
Note
- These FAQs are subject to change. IBKR is continuing to monitor developments related to the sanctions on MOEX, NCC, and NSD.
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