The property rating for qualifying investor status will be raised four times, from 6 million rubles to 24 million rubles. The increase will take place in stages: first to 12 million rubles, then to 24 million rubles, the Central Bank said.

The property rating for qualified investors will be increased to 24 million rubles.

The Central Bank will increase the rating of the property four times to obtain the status of a qualified investor, from 6 million rubles to 24 million rubles. This was reported to TASS by the head of the Bank of Russia department, Mikhail Mamuta.

The rating increase will take place in stages with “some kind of lag,” the Central Bank specified. At the first stage, the rating will be raised to 12 million rubles, at the second stage – up to 24 million rubles.

The implementation of the first stage of the increase will take place after the adoption of the corresponding law – the Central Bank plans to submit a document to the State Duma this year.

Qualified investor status gives access to all available financial instruments.

Author:

Kirill Bilyk

Source: RB

Previous articleNew Mortal Kombat 1 Trailer Features New Fighters and a ‘Fatality’
Next articleWhy does your cell phone charger get hot? we tell you
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here