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2022.04.19 21:00 GMT+8

UK to revoke Moscow Stock Exchange's status as recognized exchange

Updated 2022.04.19 21:00 GMT+8
CGTN

Britain said on Tuesday it planned to revoke the Moscow Stock Exchange's status as a recognized stock exchange, a move which would remove some tax relief for investors.

"Revoking Moscow Stock Exchange's recognized status sends a clear message – there is no case for new investments in Russia," Britain's Financial Secretary to the Treasury, Lucy Frazer, said in a statement.

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