IB has now warned IB in writing that it may not be able to perform any transactions with the excluded instruments “in the event of application that affects on the ability of issuers of securities to work in the usual mode.

In addition, IB drew attention to the risks for clients who have positions on the Moscow Exchange. The US broker suggests that, in the event of a limitation due to restrictions on international banking confidentiality, the proceeds from sales on the platform “may be frozen in Russia indefinitely” and thus may not return to their IB account.

Buying with this American broker announced the deregistration of his losses, which can be transferred to Russian and Ukrainian clients.

“In no event shall IB be liable for loss or damage of any nature as a result of exposure or market consequences, therefore we encourage customers IB this conflict should be taken into account and immediate action should be taken to mitigate what they consider to be economic risks,” the US broker said.

In response to the opening of the independence of the Donetsk and Luhansk People’s Republics, the United States imposed sanctions against them on February 22, similar to the topics that were introduced against Crimea in 2014. They impose a complete economic embargo on the LPR/DPR and threaten sanctions against general or foreign citizens and companies that “work or operate in the regions” after February 21, 2022. Exceptions used for the needs of the population, republican agricultural and consumable goods.

The “first tranche” is considered in relation to Russia. Also, foreigners are prohibited from any transactions with federal federal loan bonds (OFZ) issued after March 1, 2022. As part of the “second tranche” introduced after the start of the military operation on the territory of Ukraine, VTB, Sovcombank, Novikombank and Otkritie also entered the SDN list. In addition, sanctions were imposed in the form of a ban on correspondent accounts in the United States for Sberbank, selective sanctions against other banks and companies, as well as export restrictions.

The Central Bank has already pledged that all funds of clients registered with banks (all of them have their own brokers) in foreign currency will be kept by banks and will be issued in a foreign currency account. Transfers between a brokerage and a bank account are still possible both in rubles and in foreign currency, reportsfor example, “VTB My Investments” (cash currency bank issues by prior order). However, the activities of Interactive Brokers are not regulated by the Bank of Russia – in Russia it entered The black list contains a list of companies with identified identified cases of illegal activities in the financial market. The Central Bank reports that Russian investors have the right to work with foreign brokers and financial resources, but in this case “a person deprives himself of the protection that Russian regulation provides.”