Putin Offers Special Account to Lure New Investors to Russia

President Vladimir Putin signed a decree in an attempt to attract new foreign investment into Russia’s financial markets, despite sweeping sanctions over the war in Ukraine.

Under the new rules, foreign investors — including those from so-called “unfriendly” countries — will be allowed to invest in Russian securities without having their funds trapped in special Type C accounts, according to the document published Tuesday on the government’s legal portal.