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The Ministry of Finance is preparing amendments to the law for the entry of regional companies on IPO

The Ministry of Finance is preparing changes to the legislation that will allow regional companies with a share of state participation to conduct an initial placement of shares (IPO), said Alexei Yakovlev, Director of the Department of Financial Policy of the Ministry at the forum of RBC Capital Markets. The Ministry of Finance may apply to the State Duma with appropriate changes already in the autumn session: the initiative is planned to be included in the federal project for the development of the financial market, he said on the sidelines of journalists.

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The Ministry of Finance is preparing amendments to the law for the entry of regional companies on IPO

The Ministry of Finance is preparing changes to the legislation that will allow regional companies with a share of state participation to conduct an initial placement of shares (IPO), said Alexei Yakovlev, Director of the Department of Financial Policy of the Ministry at the forum of RBC Capital Markets. The Ministry of Finance may apply to the State Duma with appropriate changes already in the autumn session: the initiative is planned to be included in the federal project for the development of the financial market, he said on the sidelines of journalists.

Source: Ведомости ↗

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