The Bank of Russia is actively exploring mechanisms to assist domestic investors whose foreign assets have been frozen, according to Governor Elvira Nabiullina.
The central bank is coordinating with the Ministry of Finance on potential solutions, though Nabiullina emphasized that the regulator prefers not to publicize specific initiatives before they are finalized.
The comments signal a shift in focus for Moscow’s financial authorities as they grapple with the long-term consequences of Western sanctions.
While the central bank has previously addressed capital controls and currency stability, this marks a more direct engagement with the plight of retail and institutional investors locked out of overseas markets.
The lack of detail suggests the proposals are still in early stages and may involve complex legal or administrative workarounds.
This development comes as the Bank of Russia prepares for its upcoming policy meeting on July 24, where it is expected to evaluate a potential cut to its key interest rate.